Black Friday, will it be so dark that you doubt life? The current chart shows a major one-sided move is imminent. Will the low of this round be at 55000 or 45000?



Yesterday, Bitcoin dropped again to 58000, with the price repeatedly hitting new lows. The short-selling layout in this round steadily captured profits. Do not blindly buy the bottom now; the downtrend is not over yet. The overall strategy remains selling on rallies.

Short-term indicators have entered deeply oversold territory. Do not chase shorts or sell into the drop. Patiently wait for the price to rebound to the resistance zone before positioning. The daily chart shows four consecutive bearish candles; the coin price has broken below the lower Bollinger Band, RSI is oversold, MACD maintains a death cross below the zero line, and the bearish trend firmly dominates.

Strategy
Bitcoin: On a rebound to around 60000-60500-61200, set up short positions. Target below: 58000-56500-55500-45000

Ethereum: On a rebound to around 1585-1600-1620, set up short positions. Target below: 1510-1488-1435

Strictly set stop-loss for risk control, and only enter at key price levels. If the trend is right, hold patiently; once the direction is wrong, decisively stop loss and exit.

$BTC $ETH
BTC3.19%
ETH4.35%
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BlueSevenCommunity
· 18h ago
Black Friday, will it be so dark that it makes you doubt life? I am Jin Yingying. A major one-sided market move is on the verge of eruption. Will this round's low fall at 55000 or 45000?

Yesterday, Bitcoin dipped again to 58000, with prices continuously hitting new lows. This round's short-position layout has steadily captured gains. Currently, do not blindly buy the dip; the downtrend is not over. The overall strategy remains selling the rally.

Short-term indicators have entered deeply oversold territory. Do not chase shorts or sell the drop. Wait patiently for prices to rebound to resistance areas before positioning along the trend. The daily chart shows four consecutive bearish candles. The coin price has broken below the lower Bollinger Band, RSI is oversold, MACD is maintaining a death cross below the zero line, and the bearish trend firmly dominates.

Strategy
Bitcoin: short positions around 60000–60500–61200, targets 58000–56500–55500–45000

Ethereum: short positions around 1585–1600–1620, targets 1510–1488–1435

Strictly set stop-loss risk controls. Only enter at key price levels. If the market moves in your favor, hold patiently. Once the direction is wrong, decisively cut losses and exit.

$BTC $ETH
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