Hello everyone, I am Gu Yue. After a brief rebound, the market is once again undergoing a pullback. Currently, the price of Bitcoin has fallen below $84,700, and Ethereum has dropped to around $2,000. The overall trend is leaning towards consolidation, with no significant volatility. The resistance for Bitcoin is at $89,000, and the pressure for Ethereum is at $2,100. After the consolidation ends, the market will experience significant volatility again, and we can prepare in advance.

Technical Analysis

Currently, the Bollinger Bands are gradually narrowing, KDJ has formed a death cross, the hourly MACD's red energy bars are gradually decreasing, while the 4-hour MACD's green energy bars are gradually increasing. The DIF line and DEA line are operating below the zero axis, with bears gradually gaining the initiative and having an advantage. It is recommended to focus on short positions in the evening.

Trading Suggestions

For Bitcoin, it is recommended to short around $87,000 with a target of $86,000.

For Ethereum, it is recommended to short around $2,020 with a target of $1,950.

There are many types of investments, and it is important to choose one that suits you. There are many paths, and it is important to choose the right guide. I am Gu Yue, interpreting world economic news, analyzing global investment trends, providing daily market trend analysis, and offering you the latest trading strategy ideas, professional investment consulting services, to help you reach the peak of financial management. #比特币