In terms of Bitcoin's intraday market, the price rebounded strongly from a low to a high of $116,759 before encountering resistance and retreating, with a minimum dip to the support line of $114,338, followed by a narrow range consolidation phase. Ethereum surged to $4,668 in the early session but lacked momentum, then oscillated downwards to the intraday low of $4,463. Our trading strategy accurately grasped the market rhythm, clearly indicating a bearish outlook in both the morning and evening sessions, with the market trend aligning perfectly with our predictions. A total of four positions were arranged during the day, including two Bitcoin positions that earned a total of 1,830 points, and two Ethereum positions that earned a total of 186 points, with all trades achieving perfect profit-taking.
From the current technical formation, the market presents a bearish dominant pattern. The daily level has formed a standard three consecutive bearish candle structure, and the bearish candle bodies are gradually enlarging, indicating that bearish momentum continues to strengthen. The upper Bollinger Band effectively suppresses the price, and after several rebounds touching the upper band, it has encountered strong selling pressure. The 4-hour level is also in a consecutive bearish downtrend channel; although there was a brief rebound during the day, the strength was clearly insufficient, and the trading volume did not effectively cooperate, ultimately forming a high-to-low trend. It is recommended to continue the bearish outlook during the early morning period.
Operational Suggestions:
· For Bitcoin, arrange short positions around the range of 115,500-116,000 in the early morning, with a target focus on 113,500.
· For Ethereum, arrange short positions around the range of 4,530-4,560 in the early morning, with a target focus near 4,450. #美联储降息预期升温 $ETH