893475616216.14 Midday Bitcoin Ethereum Market Analysis~ The market has entered a bearish three-wave trend, how should we grasp the short-term?

Currently, market panic sentiment is easing. From the daily level, the current MA5 and 10-day moving averages are collectively suppressing the price, and the BOLL band shows signs of slight downward movement. The MACD and KDJ are showing bearish divergence emotions at the bottom, and the TD indicator has reached a declining TD3 K-column showing a downward arrangement, indicating that the current bearish sentiment is dominant. However, there is still a gap between the current price and the MA5 daily moving average, and a slight rebound is expected over the weekend to test the upper resistance before falling back again. The upper resistance reference is: 106200-107500. If Bitcoin cannot effectively stabilize above any resistance during the weekend rebound, it should be viewed as a high short.

On the 4-hour chart, the current K-column shows a mixed arrangement of bullish and bearish, the MACD is running with reduced volume below the zero axis, the KDJ three lines are slightly inclined towards minor fluctuations, and the MA5 and 10-day moving averages are beginning to converge. However, the BOLL band and MA30-day moving average are still in a state of suppression. Considering the hourly chart, the current market is leaning towards range-bound fluctuations due to low trading volume. The low support reference is at 104000-102500. Therefore, for Saturday's operations, my personal view is to maintain a high short as the main strategy and low long as a supplementary approach.

Operation strategy: Pullback: 104500--104000 enter short Target: 105500-106500 is sufficient Stop-loss 103500

Short entry reference at: 106100-106700 Target: 105000-103500 is sufficient

Ethereum's overall trend is synchronized with Bitcoin, but the decline yesterday was greater than that of Bitcoin. Additionally, the daily overall trend is slower than Bitcoin by one cycle, and the short-term market is also inclined towards range-bound fluctuations. The upper resistance reference is at: 2580-2610, and the lower support is at 2500-2450. Therefore, for Saturday's operations, my personal view is to maintain a high short as the main strategy and low long as a supplementary approach.

Operation strategy: Pullback 2510-2480 enter light long Target: 2550-2580 is sufficient Stop-loss: 2450

Short entry reference at: 2580-2610 Target: 2500-2460

For the short-term trend, this should suffice; further follow-up will continue.