The daily chart shows a bearish belt hold dipping to the middle band of the Bollinger Bands, with a clear downtrend that has broken the pattern of consecutive pumps. The candlestick has upper and lower wicks, indicating a fierce confrontation between bullish and bearish forces in the market, with poor continuity in the trend, presenting an adjustment phase in the short term.


On the 4-hour chart, after three consecutive Bearish lines, there is a fluctuation repair. Affected by previous liquidations, market sentiment is relatively sluggish, and trading volume has decreased. In the short term, the fluctuation pattern is difficult to break. The operational strategy can maintain high position short selling and low position buying.
Operation suggestion:
BTC: Short in the range of 118800-119300, target around 116500;
ETH: Short in the range of 4580-4600, target around 4460.
BTC0.07%
ETH0.99%
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