Evening Market Analysis Strategy
Currently, the Bitcoin market is in a high-level consolidation with no major fluctuations. We can continue the strategy of selling high and buying low to achieve small profits. From the hourly perspective, it is below the Bollinger Bands, with the bands gradually narrowing, indicating that a major movement is coming. Focus on the support level of the lower band and the middle band. After a significant pullback in the morning, Ethereum has been hovering around 2650, and our strategy remains bearish for the evening.
Bitcoin: Short around 109000, target 107000
Ethereum: Short around 2650-2670, target 2600-2550