5.7 Midnight Thought Analysis

Looking at the four-hour chart, Bitcoin is currently maintaining a narrow range of fluctuations, with price action continuously oscillating between the middle and lower bands of the Bollinger Bands. Both bulls and bears are evenly matched, and this state of stalemate has persisted for a considerable time without showing a clear directional trend. Although there was a rebound in the morning, it was unable to effectively hold onto the gains, and the overall daily trend shifted into a weak adjustment rhythm, only slightly recovering some ground in the evening. The short-term trend appears weak, with rebound momentum gradually diminishing. On the daily chart level, there are signs of another bearish closing, and short-term attention should be focused on the continuation of bearish strength around midnight. The focus remains on the bearish side, and proper stop-loss measures should be in place to avoid counter-trend trading.

Midnight Trading Strategy

- Short Bitcoin around 949-954, looking down towards 935. If broken, further down to 927.

- Short Ethereum around 1800-1820, looking down towards 1750, if broken, further down to 1720.

Personal advice is for reference only $BTC $ETH #美联储FOMC会议