Good morning, last night the bearish outlook was once again confirmed, and the market moved in line with our predictions. Bitcoin first rose to the 88418 line in the evening and then faced pressure, showing a continuous downward trend, with a minimum drop to the 86327 line. Our big Bitcoin short position also captured over a thousand points of movement; the market is indeed so easy to grasp. Has everyone been following my ideas to make positions?
From the daily chart, the price has shown a small bullish candlestick pull-up, with four consecutive bullish candles indicating that the overall trend is in an upward phase. The current market is in a short-term adjustment phase, and the previous upward trend requires some time to repair, hence the short-term pullback is within the normal correction range. Although the short-term trend may show a slow upward consolidation pattern, from the market perspective, the price has broken through the upper Bollinger band, indicating that bullish momentum is starting to strengthen. From the four-hour level, a medium bullish candlestick quickly pulled up, and the bulls began to counterattack. The main focus is whether it can break through the key resistance level of 89000. The subsequent operational strategy suggests primarily focusing on making positions.
In the afternoon, Bitcoin can be bought around 88000, targeting near 90000; Ethereum can be bought around 1580, targeting near 1700. #比特币 $BTC