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Bitcoin 4-hour medium bearish candle breaks below the moving average support, destroying the upward trend structure, while forming a 4-hour M-top structure. All indicators show signs of a top, and the trend has shifted to the right side. Divergence at the top or pressure levels are positions to short.
Upper pressure levels: 77,700, 78,400
Short positions can take partial profits at support levels to lock in gains.
Lower support levels: 76,700, 75,100, 73,800
Ethereum's two consecutive bearish candles amplify trading volume, forming a top M-top structure. The moving average death cross indicates a bearish trend, and a strong bearish market has officially arrived. Yesterday's strategy was to anticipate in advance; today's short positions follow the trend! Pay attention to small-level divergence or pressure levels to continue shorting.
Upper pressure levels: 2,320, 2,350
Partial profit-taking can be done at major support levels.
Lower support levels: 2,260, 2,210