Under the current overall structure of Bitcoin, the intensity of short-term bearish sentiment is confirmed from multiple aspects: the rebound is weak, yesterday's decline has not been effectively recovered, and the bulls have no power to counterattack, making the weak pattern very obvious; at the same time, the bears continue to exert pressure, with the upper resistance level continuously decreasing as the high points shift downwards, and the continuous decline in the early morning further opens up downside space, with bearish momentum being fully released, and the bearish dominance becoming increasingly clear.
From the 4-hour cycle, the price continues to oscillate at a low level and shows no signs of stabilization. The moving average system is in a bearish arrangement, with every rebound encountering resistance and falling back, showing significant overall bearish characteristics; the 1-hour cycle also continues to show weakness, with the K-line predominantly being bearish, the rebound amplitude is limited and quickly suppressed by bears, and short-term momentum is completely biased towards the bears. In this situation, both the 4-hour and 1-hour levels show no signs of a trend reversal, maintaining a consistent overall bearish pattern. Therefore, the operation should be to short in line with the trend.
The morning trading idea is to short directly at 113500-114000, aiming for a target of 112000.
The current downward trend of Ethereum is significant, with clear signals indicating a shift from rising to falling in the short term: the price continues to fluctuate below the downward trend line without effectively breaking through, and the short-term moving averages and long-term moving averages have formed a "death cross." This technical pattern further confirms that the dominance of bearish forces is continuously strengthening.
Under this trend, each rebound may face pressure from the trend line, making it difficult to establish sustained upward momentum. Overall, it is important to remain vigilant about downward risks, and in terms of operation, one can align with the trend and position based on rebound resistance levels.
Morning operational strategy: short directly at 4150-4200. Target to see 4050.
Currently, Bitcoin is fluctuating downwards on the 4-hour chart, with bulls struggling to attack the middle band; operations should primarily focus on short positions. The weekly candle closed bearish, with the gains being withdrawn, indicating bearish dominance. Future trading strategy is to short directly between 113500-114000. Target is set at 112500.
BNB has rebounded to around 835 again, there is not much momentum left, and it continues to go up. It is recommended to short at the current price, with a target of 820.
SOL 4-hour level shows weakness, with the price dropping in a step-like manner and accompanied by rebounds. In the short term, focus on the rebounds first, and after confirming the high points, look for opportunities to short based on candlestick patterns and technical indicators. The overall trading strategy is still to short on rebounds. For subsequent operations, target 170 directly from 180.
Short selling strategy provided by Ethereum. So far, it has perfectly captured 60 points in the intraday trade. Congratulations to those who followed along, you are taking off directly.
The current weak pattern of decline is still not over. The short-term rebound is already in place. For Ethereum, it is recommended to short at the current price with a target of 4120.
Explaining the short-selling strategy in advance, the five consecutive victories of Bitcoin and Ethereum rely entirely on shorting, and this is the strongest proof of being 'prepared'! More importantly, despite the market fluctuations, we have never wavered in our shorting efforts. This resilience in sticking to our strategy is what truly captures the opportunity. Ultimately, opportunities are given to those who are prepared, and those who persist will eventually wait for their good results—this five-game winning streak is the best answer!
It's just that accurate! No need for more words on the Bitcoin short strategy, the market directly verifies it, steadily realizing 1900 points. The bearish pattern is already set in stone, and this drop is indeed strong enough. But how can the market only drop without a rebound? A corrective rebound is definitely coming; we just need to wait for the rhythm of this rebound, accurately find the points to enter short positions, and steadily grasp the opportunities in our hands!
Midnight operation idea: short directly at 114500-115000, with a target of 113000.
Ethereum, the rebound was just a feint, and the market has obediently dropped. The short positions set up during the trading session have also been realized as expected. 80 points