Do we still need to say more? We alerted everyone to short at high positions early yesterday morning, and after breaking below 114000, we can look towards around 112500. Did it accurately reach the levels we provided? This wave once again proves our precise grasp of the market. We secured more than two thousand points on a single trade, making our all-night effort worthwhile. When the steps are heavier than expected, it's precisely the moment you break through your limits. Don't let 'impossible' become the period at the end of your story; let it become the exclamation point of your courage. Take that step, and your name will eventually be engraved at the peak of surpassing!
In terms of technical analysis, the four-hour cycle shows that the market is experiencing a deep bottoming bearish line impact, with the technical perspective displaying a doji reversal pattern. Although the current price has shown a temporary rebound, the momentum histogram indicates a significant exhaustion of bullish driving force, and price fluctuations remain trapped in a consolidation range. From the observation of technical indicators, the MACD indicator continues to weaken below the zero line, the RSI indicator has not formed a golden cross and remains in the oversold area, and the Bollinger Bands channel maintains a narrowing trend, with all technical parameters pointing to a bearish dominant pattern. The current rebound is merely a corrective rebound in the bearish trend, with the hourly chart confirming a death cross, and the technical perspective is weakening. The morning low verifies the buying strength within this range. The weekend market enters a phase of consolidation. In terms of formation, the coin price shows weak rebounds after a significant drop. For weekend operations, we maintain a bearish outlook for the future and continue to prioritize shorting on rebounds. #加密项目 #BTC #ETH
Bitcoin can be shorted near 114500-114000, targeting 112500
Ethereum can be shorted near 3500-3520, targeting 3400