Tonight's BTC strategy detailed!

First, looking at the technicals, it's quite obvious on the 1-hour chart right now, with candles consistently closing in the red, and the price remaining below the 5-day moving average, showing no signs of recovery. Overall, the short-term outlook is bearish. However, there's a detail to pay attention to: the MACD green bars are slowly getting shorter, indicating that the bearish momentum seems to be easing a bit, but for now, the market is still ruled by bears.

Now looking at market sentiment, the greed index is currently at 72, a slight decrease from yesterday's 74, but it remains firmly in the 'Greed' zone. At this point, it's important to be cautious—when the market is overly greedy, a sudden pullback often occurs, so don't act impulsively and chase highs.

Therefore, tonight's strategy is quite clear, focusing on short positions. If the price surges to the range of 119000 to 119500, then it would be worth considering entering a short position. As for targets, first look at 118000, then downward to 117100; if it can steadily break below 117100, the next target would be 115000.

Remember to set stop losses during operations, as the market changes quickly. Don't be complacent; it’s safer to come in at #以太坊突破3700 #MichaelSaylor暗示增持BTC $BTC .