Last night, the US stock market opened higher, with Bitcoin surging to the 78,000 level but facing resistance and stalling, then continuing to decline. This morning, it dipped to around 75,200, perfectly aligning with yesterday's forecast. It was previously clearly expected that resistance at 78,000 would cause a pullback, and profits have been successfully taken, with the market's move accurately fulfilled. Ethereum followed the downward trend simultaneously, and the overall market sentiment remains strongly bearish.


From the current market situation, the daily chart indicates a correction phase, with prices moving between the middle and lower bands of the Bollinger Bands, with the channel opening downward, dominated by a bearish trend. Although the hourly chart briefly halted the decline at 75,277, the rebound was weak, and it remained under pressure from the middle Bollinger Band. The bulls are unable to mount a strong counterattack, and the market is entirely controlled by the bears. Currently, the downward momentum has not exhausted, and there are no signs of stabilization. The short-term slight rebound is merely a correction within the downtrend and unlikely to reverse the trend. Future operations will continue to follow the strategy of shorting on rebounds near the highs.
Bitcoin rebounds around 76,300-76,900 to short, targeting 75,000-74,000.
Ethereum rebounds around 2,090-2,120 to short, targeting #股票交易挑战最高赢17000U 2,010-1,950.
BTC0.54%
ETH0.49%
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