Trading Philosophy: Look at the trend in the long term, find entry points in the short term;
Technical Analysis: For Bitcoin, the daily level continues to close with a bearish candle around 117800, the Bollinger Bands are starting to run flat, the MACD moving averages continue to trend downward, the bearish volume continues to increase, and the KDJ is starting to move upward. At the 4-hour level, the Bollinger Bands are starting to converge, the MACD moving averages are beginning to trend upward, the bullish volume is starting to slightly increase, and the KDJ line is moving upward;
For Ethereum, the daily level closes with a doji bullish candle around 3800, the Bollinger Bands continue to converge upward, the MACD moving averages continue to trend downward, the bearish volume continues to increase, and the KDJ line continues to trend downward. At the 4-hour level, the Bollinger Bands continue to run flat, the MACD moving averages are starting to trend upward, the bullish volume is starting to increase, and the KDJ line is starting to move upward;
Currently, the bullish momentum is stagnating and continuing in a sideways trend, it is advised to continue shorting at high levels to look for a retracement!
Trading Suggestion: Short at high levels to look for a retracement!
Short Bitcoin at 118500-119000, target 117000-116000, stop loss at 120000;
Short Ethereum at 3860-3890, target 3800-3750, stop loss at 3920;
The strategy is time-sensitive; specific guidance should be based on real-time private instructions!
