The morning 🈳箪 has already made a profit; those who have followed can reduce their positions.
Take it slow, the bearish sentiment has already emerged; don't rush to short it.
5.7 Wednesday Thought Analysis Suggestions:
The rebound layout from last night was shorted again, successfully capturing a wave of short-term rebounds, but later the position was unfortunately stopped out this morning.
The overnight market continued to rise strongly; currently, while the bullish momentum is dominant, caution is needed regarding overbought risks. The morning suggestion is to adopt a high sell-low buy strategy, with a focus on high-level pullback opportunities. The daily level has shown a series of small upward candles stabilizing at mid-term support, indicating solid buying support below. The 4-hour level's Bollinger Bands are continuously narrowing; if it cannot break through the upper band resistance, it may shift to range-bound fluctuations during the day. The morning operation suggestion is to focus mainly on high sell positions, supplemented by low buy positions.
Operational Suggestions:
Bitcoin: 97700-98200 short, target 96500-96000
Ethereum: 1850-1870 short, target 1750-1780
The rebound layout from last night was shorted again, successfully capturing a wave of short-term rebounds, but later the position was unfortunately stopped out this morning.
The overnight market continued to rise strongly; currently, while the bullish momentum is dominant, caution is needed regarding overbought risks. The morning suggestion is to adopt a high sell-low buy strategy, with a focus on high-level pullback opportunities. The daily level has shown a series of small upward candles stabilizing at mid-term support, indicating solid buying support below. The 4-hour level's Bollinger Bands are continuously narrowing; if it cannot break through the upper band resistance, it may shift to range-bound fluctuations during the day. The morning operation suggestion is to focus mainly on high sell positions, supplemented by low buy positions.
Operational Suggestions:
Bitcoin: 97700-98200 short, target 96500-96000
Ethereum: 1850-1870 short, target 1750-1780
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