7.2 Afternoon Pancake Analysis
Price V-shaped rebound, currently the Bitcoin price is around 106,900. From a technical analysis perspective, although the bulls are making an effort, the upper Bollinger band is pressing down, so the afternoon is suitable for shorting on highs, and remember to set stop losses.
Specific operation suggestions:
• Short Bitcoin around 106,900 - 107,500, initially aiming for a drop to 105,000, and if it breaks below that, then look towards 104,000.
• Short Ethereum around 2,480 - 2,450, initially aiming for a drop to 2,380, and if it breaks below that, then look towards 2,320. #CryptoCircle