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5.5 Evening Analysis of Bitcoin and Altcoins
On the four-hour chart, BTC's Bollinger Bands are opening downward, with the price continuously under pressure and oscillating below the midline at low levels. Rebounds are repeatedly suppressed by bears and fall back; moving averages are in a bearish alignment, restricting the price. The KDJ indicator shows a death cross at high levels and is trending downward, with bearish momentum continuously releasing. The downward trend is clear, so the preferred trading strategy is to follow the trend and short.
Trading Suggestions
Bitcoin: Short around 81,000-82,000, targeting 80,000-77,500
Altcoin: Short around 2,380-2,410, targeting 2,360-2,300
$BTC $ETH $SOL #美国寻求战略比特币储备