3.4 Bitcoin Strategy
From a 4-hour perspective, Bitcoin experienced a nice rebound after a price surge earlier today. The price is facing resistance at the upper levels, with the 4-hour Bollinger middle band and naked K-line along with external chips putting short-term pressure on the price. Currently, the coin price is at the 87000 level. After last night's rise, there is a short-term pressure, and the coin price is expected to decline to the 86100-85200 range for adjustment, followed by a larger rebound. For aggressive traders, the current price can be shorted, and pay attention to the support at the 86100-85200 range. Personally, I expect this level to be a good entry point for longs. The overall strategy for the day is to fall first and then rise.
Strategy:
BTC: Short at the current price of 87000, targeting 86100. After the price reaches 86100, consider entering a small long position, add more at 85600, and operate in batches.
ETH: Operate long in the 2140-2130 range, targeting 2190, 2230.
