Today's Thoughts
Bitcoin had a strong surge over the weekend, hitting the 86100 level but faced resistance and fell back. In the morning, it encountered resistance around the 85100 level. Currently, the four-hour chart shows a wave pattern, and the Bollinger Bands are starting to contract. Bearish momentum is gradually strengthening, indicating a demand for a pullback. Moving forward, we will continue to prioritize short positions.
Trading Suggestions:
Bitcoin: Short around 85000, target at 82500
Ethereum: Short around 1650, target at 1550
