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Every wave of trend is within Old Yang's expectations, each market movement hits precisely, and combining years of experience with technical analysis to grasp the rhythm is quite simple.
A fellow student followed this wave of market movement, with precise deployment strategies, and both Bitcoin and Ethereum gained 2791 points in space, also earning a solid profit!
Calm and patient, steady and steady, long-term follow the trend, accurately grasp the market rhythm, and steadily harvest stable returns.
From the current market situation, Bitcoin has broken down and moved downward, with three consecutive bearish candles on the daily chart, showing volume decline and continuous lower lows, indicating a clear bearish trend.
Short-term price continues to stay below the moving averages, with around 74,500 acting as strong resistance; even if there is a rebound, it’s hard to stabilize, and selling pressure completely overwhelms the bulls.
On the four-hour chart, the downward channel is perfect, with no volume on the rebound, increasing volume on the decline, indicating strong short-selling momentum.
The Bollinger Bands are widening, accelerating the bearish trend, and the weak zone is hard to change.
Ethereum is linked to Bitcoin’s breakdown, hitting a new low in March, with a large bearish candle breaking the 2000 mark, showing strong bearish momentum, making short-term rebounds unlikely to reverse the downtrend.
Short Bitcoin at 73,700-74,200, target around 72,000.
Short Ethereum at 2020-2050, #24h加密合约清算破4亿美元 target around 1900.