The thoughts provided by Da Bing this morning are all present. This morning, Da Bing reached a maximum point around 95,000, and all the followers who kept up have made profits.
From the hourly K-line of Bitcoin, the current price shows a clear downward trend, the bullish support has failed, and after multiple attacks have been blocked, the bulls are weakening. The bears are intensively laying out, a large bearish candle has broken through the moving average, the MACD death cross is expanding, and the RSI has fallen below 50, enhancing the bearish momentum.
In terms of operation, it is recommended to short at high prices. You can take a light short position when the price rebounds to key resistance levels such as the MA30 moving average or the upper Bollinger Band, with a stop loss set above the recent high, targeting the lower support and integer levels. The specific operations are as follows:
Bitcoin: Short at 94,800 - 95,300 Target 92,000
Ethereum: Short at 1,820 - 1,850 Target 1,700
