Cryptocurrency Market Guide|Rational Control, Focus on Short Selling
In the fluctuating crypto market, maintaining a stable mindset is the key to victory! Last midnight, BTC fluctuated upward, rebounding from a low of 104607 to 106141; ETH simultaneously dipped to 2513 before rising to 2586.
Technical indicators are signaling bearish trends: The 4-hour Bollinger Bands are continuously widening, and the MACD has formed a death cross pointing downward; the 1-hour candlestick is under pressure from the upper band and is retracing, while the KDJ is showing overbought conditions and has turned.
Morning recommendation for short selling layout:
✅ BTC short in the range of 106000-106500, target at 103500
✅ Enter short position near ETH 2600, aiming for 2500