3.7 Evening trading strategy, to put it simply: the bulls are about to lie down.
Looking at the current trend, the daily chart has seen two consecutive bearish candles, tightly pressed by the middle band, and this morning there was a doji candle, vividly depicting the fierce battle between bulls and bears. But ultimately, the bears are still in charge, with prices consistently lying below the middle band, unwilling to rise, and the Bollinger Bands are opening downwards, clearly indicating that the short-term bears are still dominant. The bulls occasionally bounce back, but it feels more like a flicker of light, purely a struggle in a small cycle.
Of course, the news front is still a bomb, potentially flipping the table at any moment and causing violent short-term fluctuations. But given the current market, I still prefer to decisively open short positions as soon as the price touches the resistance level, without hesitation.
Bitcoin: When the price touches the 89500-90500 range, directly open a short position, with the first target at 87000, and for the aggressive traders, look at 85500.
Ethereum: Short it around 2250-2230, aiming for a target first at 2100, and if you're aggressive, 2050.
In summary, tonight's operation, be bold, and the bears will fly with you. If you don't know how to operate, those looking to enter, hurry up.