March 5th, Wednesday Afternoon Analysis:
From a technical analysis perspective, the current price is showing a consolidation pattern near the key level of 87000, with a significant resistance area above that limits further price ascent. After multiple unsuccessful attempts to break through the resistance, the market has experienced a technical pullback, providing operational space for short-term bearish strategies. Through the analysis of short-term chart patterns, the hourly chart has clearly shown a downward trend. Day trading suggests executing a high short strategy and following the strategy of reversing operations when a breakout fails.
Short in the BTC 88560-87960 range, target 86500 (reverse operation if not broken).
Short in the ETH 2250-2220 range, target 2150 (reverse operation if not broken)
Every fluctuation is an opportunity for growth; hold on to your beliefs, and you will eventually see the dawn.