Sunday: Narrow fluctuations and adjustments, a brief discussion

The best way to resolve difficulties is to remain calm and steady, stabilize your mindset, adjust your emotions, and then quietly wait for the right moment; rising swiftly only takes an instant, and a desperate pursuit will only lead to contrary results.

After a week of ups and downs, the market has entered a period of narrow adjustments over the weekend, without continuing in any particular direction. At this time, we need a bit more patience and a good temper. Currently, the market is under pressure at the 97000 level, without retreating, in line with the overall fluctuating sentiment.

From a technical structure perspective, on the four-hour chart, the price has encountered obstacles after a downward dip and rebound, showing a slow oscillation and repair. The volume remains in a bearish state, failing to achieve a rebound effect, and the moving averages are sloping downwards, with insufficient upward momentum in the short cycle; the repair is merely a necessity.

On the one-hour chart, after recovering upwards, the price is fluctuating within a narrow range. The volume of bulls is shrinking, maintaining price adjustments, and the moving averages have faced resistance and are turning downwards. Although it looks stable in the short term, the repair is actually hindered; a downward turn is just a matter of time.

Today's strategy remains unchanged for high positions:

In terms of operations, I personally suggest a short position in the 96800-97200 range, watching for 96000-95300#bybit被盗 #币安上线KAITO $BTC $ETH .