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The market trend tonight is quite interesting; it is clearly facing resistance at a high level, and the momentum for chasing rising prices is obviously insufficient.



From the market perspective, #美国政府关闭 is firmly suppressed at the position of 104000. The three consecutive bullish candles near the middle band of the Bollinger Bands have not been able to stabilize, rising and then falling again, indicating that the bulls are already exhausted. At this position, my view is to first observe for a rebound and then look for opportunities to short. Ethereum has a strong correlation with Bitcoin, and the rebound provides opportunities for short positions.

How to operate specifically?

$BTC can consider laying out short positions in the range of 103500 to 103000, targeting 102000 and 101000.

Regarding $BTC , you can try shorting from 3530 to 3510, looking down at 3445, and then at 3350.

In summary, the strategy tonight is to short on rallies, don't chase rising prices.
BTC-1.37%
ETH-1.42%
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TokenVelocityvip
· 42m ago
104000 This level is indeed hard to withstand, long positions really have no strength this time.
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RektRecordervip
· 11-13 13:59
104000 this barrier is really tough, the long positions are weak, short order is the way to go.
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SerumDegenvip
· 11-13 13:50
ngl this 104k resistance is giving me "bag holder PTSD" vibes... seen this pattern liquidate too many times already. three rejected wicks at the bollinger midline? that's literally the market telling us to short into the pump, not chase it lmao
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TokenTaxonomistvip
· 11-13 13:49
honestly the bollinger band analysis here is taxonomically oversimplified... per my analysis, you're conflating mean reversion with actual support structure. data suggests otherwise on those three consecutive candles – statistically speaking, the sample size is evolutionary dead-end territory for making directional bets.
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SchrodingerAirdropvip
· 11-13 13:45
104000 this level can't be passed no matter what, long positions are really out of steam, I also see it bearish.
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SmartContractRebelvip
· 11-13 13:37
104000 This hurdle is really stuck, the long positions have no strength left. The closure of the US government cannot affect the coin price, rather it has a more bearish logic? It's a bit hard to hold on. I've heard too many times about shorting at high levels, and we all know how that ends. The Bollinger Band compression needs to be looked at in terms of trading volume; if the volume doesn't keep up, it's just a feint. It's easy to say to short at high points, but in reality, it's betting on the rebound height. What if it exceeds expectations?
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