Good morning! Every morning, remind yourself once again that life is short and beautiful, there is no time to get entangled, no time to keep score. Last midnight, I saw a rebound, and the strategic points arrived as expected. The midnight short position of the big pie also successively entered the market around 93500, exiting when it dropped to 93020, capturing 500 points from the short position; in this ever-changing market, with fluctuations up and down, if you can't grasp the market well, why not make a choice at this moment? Perhaps this choice will change your current situation and open another door for your upcoming life.
From the current market perspective, the price has dipped and rebounded compared to yesterday, but it is still oscillating within a range. After consecutive daily gains, it started to pull back, forming a small bearish candlestick with a long upper shadow. Yesterday, it re-dipped around 91500, showing signs of another accumulation for a downward move. The big pie's lowest point retraced to around 91619, and the market briefly turned strong with rapid pullbacks, as space exchanged for a tug-of-war oscillation correction. In the short term, there will be repeated highs and pullbacks at elevated levels; from the 4-hour chart, the price rebounded to around 94409 in the morning and began to oscillate downward, with the Bollinger Bands starting to narrow, moving between the middle and upper bands. This candlestick pattern clearly indicates that at the 94500 level, the market is facing strong resistance, the bullish power is gradually weakening, and the bearish power is gradually strengthening. This phenomenon fully shows that the price is very likely to re-test the support level, so the trading strategy remains unchanged, continuing to look for rebounds to short in the morning.
In the morning, you can short the big pie around 93500-94000, targeting around 91000; for Ethereum, you can short around 1760-1790, targeting around 1680. #比特币 $BTC