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Yesterday, BTC pulled back to the 60000 level, found support, stabilized, and then began a continuous rebound, with the market oscillating upward all the way until last night when it surged to the 62200 area, hit strong resistance, and then turned downward under pressure, entering a pullback adjustment phase.
From the current chart, on the 4-hour cycle, the coin price surged to touch the upper Bollinger Band resistance and then stalled and pulled back, with the K-line falling back below the upper band channel. The rebound upward slope has obviously slowed, the rhythm of rising lows has completely stalled, the phased bullish wave rally has ended, market sentiment is gradually shifting, and it is likely to start a volatile downward trend in the future; on the 1-hour short-term level, the price formed a short-term top at the 62180 high and fell under pressure. The Bollinger Bands channel has started to narrow and shrink simultaneously. The coin price directly broke through the middle Bollinger Band support. The short-term bullish pull-up structure has completely failed. The market has switched from the previous strong unilateral upward trend to a volatile pullback pattern. In the future, we can continue to take short positions at highs unchanged!
BTC short near 61800-62400, target 60500-59000
ETH short near 1720-1750, target 1650-1480#非农爆冷打压加息预期 $BTC $ETH