Daytime High Position Short Selling Strategy Verification, Short-term Operation Suggestions for Bitcoin and Ethereum
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In the cryptocurrency market, accurately predicting long-term trends is indeed difficult, but timely adjustments to strategies when expectations are not met are key. Today's daytime high position short selling idea has been successfully verified, with Bitcoin dropping from 118415 to 115400 after entering the market, yielding a profit of over 3000 points on the short position. Below are the current market analysis and operation suggestions:
Market Analysis
- Daily Level: The candlestick has closed with two consecutive bearish days, and the closing price is below the previous day's low, forming a standard bearish pattern. The price has effectively broken below the middle support of the Bollinger Bands, indicating a clear bearish trend.
- 4-Hour Level: A long bearish candlestick has formed, completely engulfing the volatility range of the previous three candlesticks and piercing the middle track of the Bollinger Bands to reach the lower track. During the decline, the trading volume has increased, with weak bullish resistance and rebounds facing stronger selling pressure.
Operation Suggestions
- Bitcoin (BTC): Short near 115300-115700, with a short-term target of 114000; be sure to set stop-loss.
- Ethereum (ETH): Short near 3640-3670, with a short-term target of 3550; strictly maintain defensive measures.
Note: In the afternoon, pay attention to the continuation of the bearish trend; ensure risk control during operations and set reasonable stop-loss. #区块链