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Reviewing the early morning market, the price comparison slightly warmed up, but the downward trend remains difficult to shake. Yanglao warned this morning not to buy the dip and chase, isn't it the same as what I said? A spike down to around 70,000? Those who followed my rhythm have already secured a considerable profit. I entered the market at 71,463 in the early morning, and closed at 70,788, gaining 675 points. Long-term trend following to grasp the direction steadily, maintaining the rhythm of the market, sideways movement is not scary, declines are not scary, what’s scary is that you can't see the situation clearly.
Currently, from the chart, after Bitcoin's four consecutive daily red candles, it closed with a green candle again, but the body broke below the lower band, and the rebound was mostly a trap for trap traders. The Bollinger Bands are opening downward, and the bearish channel has reopened, holding the 70,000 level is only a weak recovery, difficult to stabilize, and the bears still dominate with no reversal signals. The four-hour chart shows the comparison running along the lower band, with a complete downward channel, bullish rebound momentum shrinking, pressure leading to a decline, and the bearish trend continuing.
Bitcoin can be shorted between 71,000 and 71,500, with a target around 69,000.
Ethereum short at 2020-2050, with #分享美股交易赢英伟达股票 a target around 1900.