Today's Strategy

The current four-hour chart of Bitcoin shows a rebound after two consecutive bullish candles, followed by a pullback. The resistance at 119500 has significant selling pressure, and the price is close to the middle band of the Bollinger Bands, still within a consolidation range; the MACD fast and slow lines are converging, indicating intense bullish and bearish battles.

On the one-hour level, after a large bearish pullback, there is a bullish rebound, but the KDJ has formed a death cross. The pressure level at 120000 has not been broken yet, so the primary strategy is to focus on short positions.

Operational Suggestions:

For Bitcoin, range trade between 119000-119500, with a target looking down at around 116600-117100.

For Ethereum, range trade between 3750-3770, with a target looking down at around 3570-3610 nearby #以太坊交易量反超比特币 #稳定币监管风暴