Friday morning: Auntie Tai Jingyi’s trading idea—short on rallies.



The 4-hour Bollinger Bands are opening downward. The price is stabilizing slightly above the lower Bollinger Band, with a small recovery. The MACD death cross is continuing, green histogram bars are expanding with increasing volume, and bearish dominance remains in control. The KDJ is forming a small golden cross at low levels, suggesting there is demand for a short-term rebound; however, the price is under pressure around the Bollinger middle band near 1757. Rebound upside appears limited, the broader market (big BTC) is relatively weak, and volatility is more elastic.

Short-term resistance: 1750-180
Short-term support: 1670 (the day’s low). If this level breaks, it will open more downside space.
Mid-term support: 1630

Trading suggestions:
Follow the trend and mainly go short. Short on rallies that face pressure in the 1730-1760 range, targeting 1670. If it breaks down further, look toward 1630#我的Gate交易时刻 .
ETH1.60%
BTC1.27%
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