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Friday Afternoon Jingyi Trading Strategy Analysis
The market is under obvious pressure, with continuous selling pressure above, repeatedly pushing prices down after brief rallies. The 4-hour chart shows a double top resistance pattern, with MACD and RSI simultaneously displaying bearish divergence, indicating that bullish momentum is steadily weakening, and the bearish trend is gradually taking over.
Trading Suggestions
BTC: Short positions in the rebound range of 752-757, targets at 736 and 721
ETH: Short positions in the rebound range of 2345-2360, targets at 2315 and 2150
Wishing everyone smooth trading!