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How is it? Have you caught up with Lao Yang's breakout?
Tonight, the entire network released an early warning about Kongdan, and the market situation was once again validated.
Strength needs no words; those paying attention to Lao Yang should know how accurate his predictions are, right?
The point levels given are also very precise.
Aren't you getting on board to steadily make profits?
Tonight's layout of the two Dan Big Coins, Kongdan, and the combined gain of 1463 points in space, with over 26,000 in oil on the Litecoin.
In the trading battlefield, hesitation often becomes the biggest cost.
Opportunities never wait for the hesitant; every precise early layout is to seize the initiative in this volatile market, avoid missing out risks, and let profits rise steadily.
From the current market perspective, selling pressure is still being released.
Bitcoin has been declining from the intraday high of around 64,000 to a low of 60,780, with Ethereum moving down to around 1620 in sync with Bitcoin.
The overall decline is accompanied by increased trading volume, indicating that the bearish momentum is still being released, but short-term indicators have entered oversold territory, showing a need for technical correction.
On the four-hour chart, Bitcoin shows continuous downward candles, with the body showing increased volume on the decline, and a decreasing volume on rebounds, indicating that the bulls' support is insufficient.
Currently, the price is consolidating around 61,000.
The Bollinger Bands are opening downward, with the price running from the middle band toward the lower band.
The short-term resistance level for a rebound is around 62,500, with the bandwidth expanding significantly, indicating that the downward momentum has not yet diminished.
Therefore, the trading strategy remains to buy the dip on rebounds.
Shorts are recommended around 61,500-62,000 for Bitcoin tonight, targeting around 60,000.
Shorts on Ethereum around 1650-1680 tonight, $BTC targeting around 1550.