Bit Hanli: 4.8 Bitcoin attempts a second push to the high point but meets resistance—continue mainly with shorts today!

Bitcoin opened higher on Monday, then after that, it pulled back hard from the high. After an entire night plus the morning of consolidation and repair, the rebound had no strength. Yesterday we shorted from 79,000, and at midnight we also had longs around 76,500—operation was seamless, truly perfect! With the rebound lacking strength, long positions are ready to bail at any time; taking a small profit or breaking even is fine. Ethereum: yesterday we shorted from the highest point at 2,390, and at midnight we also let longs near 2,280—already perfectly booked; next, we start today’s sharing.

After a second attempt to surge higher was blocked and it pulled back, the rebound still had no strength—then high shorts are the main rhythm for today! On the daily K-line Bollinger Bands, the upper band opens downward and turns lower; both KDJ and RSI are also opening downward and turning lower. MACD bullish volume continues to contract—there’s already no volume left. This is a typical case of insufficient bullish volume: high-level profit-taking, ready for a big dump rhythm! On the 4-hour level, the Bollinger middle band and the lower band both open downward and turn lower. The previous two K-lines came down without even touching the middle band. The price is pressing down along the lower band, KDJ and RSI both turn downward, and MACD bearish volume continues to expand. For intraday trading, it’s one word: short!

For resistance overhead, focus on the 77,000 and 78,500 area. For entries on the high side, participate around here. For support below, focus on the 76,000 and 75,000, as well as the 74,000 area.

For Ethereum, resistance overhead to watch is around 2,300 and 2,400. For high-side entries, set up to lurk around here. For support below, focus on the 2,250 and 2,200, as well as the 2,150 area.#WCTC交易王PK $BTC $GT