$BTC Do not fear failure, as failure is merely a stepping stone on the path to success. In the cryptocurrency world, there are no smooth journeys, only brave individuals continuously climbing to greater heights. Every attempt you make is an exploration of the unknown, and every persistence is a defense of your dreams. Last night, our real-time layout for long positions regrettably hit stop-loss; the long position we laid out at 114910 and the remaining 114160 were regrettably stopped out! Losses are a common occurrence in the crypto world; we accept failure without fear and continue to grow through it!
The four-hour level shows that after a significant drop, the market closed with a doji candlestick. Although there has been a rebound in price, the bulls are weak and have not broken out of the consolidation range. All indicators are in a bearish formation, and the current rebound can be seen as a normal technical correction, with the overall trend still leaning towards bearish. Observing the one-hour level, the market is above the lower Bollinger Band, and prices are warming up. The indicators at this level show a general upward turn, indicating a short-term market bias towards strength. It is expected that there will still be some rebound space in the short term; however, the overall bearish pattern has not changed. The strategy can seize opportunities for bullish rebounds, observing the strength and magnitude of the rebound, and wait for it to weaken before laying out short positions.
You can short Bitcoin around 114500, targeting 112500. You can short Ethereum around 3600, targeting 3450.