The bearish outlook provided in the morning has once again been achieved, perfectly aligning with the market trend. The major coin first rebounded to around 93550, showing a fluctuating downward trend, dropping as low as around 92300. We have repeatedly suggested shorting in this range. This wave of pressure and decline has also successfully gained us a space of 1200 points. If you are still in a state of confusion, struggling to control positions and entry directions, unable to make a choice between long and short, why not take a look here? How will you know I can't change your situation if you don't try?

From the current market perspective, the overall trend is predominantly bearish. At the same time, the price ratio continues to decline with the lower Bollinger Band moving down, showing a significant downward trend. From the four-hour chart, it can be observed that the Bollinger Bands are continuously narrowing. This pattern indicates that the market's volatility space is constantly being compressed. Previously, the coin price attempted to break through the upper Bollinger Band, but unfortunately, it failed to stabilize and ultimately formed a long upper shadow. This candlestick pattern clearly indicates that at the 94000 level, the market faces strong resistance, with bullish strength gradually weakening and bearish strength gradually increasing. This phenomenon fully shows that above this price level, selling pressure is dominant, and the selling pressure is extremely heavy. Considering the current market situation, it is highly likely that the coin price will once again test the support level, and the afternoon trading strategy can continue the bearish outlook from the morning.

In the afternoon, the major coin can be shorted between 92700-93200, targeting around 91000; Ethereum can be shorted between 1780-1810, targeting around 1700. #比特币 $BTC