Dear crypto warriors, have you ever stared at the K-line late at night, your heartbeat rising and falling with the market? Have you ever held your ground during a crash, staying calm during a surge? Do you believe that the wave of blockchain will eventually reshape the world, and that you are a participant in this transformation! In the afternoon, we provided a bullish strategy, and so far we have gained 700 points, reversing the morning's losses. A professional analyst needs the ability to timely cut losses; if you're wrong, you must admit it, and stand firm when hit. With just a casual move, you can grasp the market trend!
The daily chart shows that after the pin was inserted near the lower band, a rebound began, and the strength is quite considerable. Currently, the trend is also stabilizing and diverging; although bearish momentum is strong, it has held at the 100,000 level of support. The four-hour level shows a very obvious bearish trend, and the downward channel has already formed. Above is the pressure of the middle track, which is also the high point of the parallel downward channel, a relatively reasonable pressure level. Tonight, we will continue to treat it as a high short.
Tonight, Bitcoin can short at 104,000-104,200 with a target of 102,500.
Tonight, Ethereum can short at 2,500-2,520 with a target of 2,350,804,535,893,636,025,013,585,228,905,077,071.