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1.2 Midday BTCÐ Contract Strategy (Enhanced Version)
Key conclusion: The bearish dominance remains unchanged, and rebounds are still primarily opportunities to short. Strict stop-loss settings are necessary. Before European and American institutions return to the market, liquidity is limited, and the market may remain in narrow fluctuations.
Technical analysis:
- BTC: The midday price remains within a volatile downward channel. The 4-hour MACD golden cross momentum is rapidly weakening. Selling pressure persists at key resistance levels on the daily chart, with no trend reversal signals yet.
- ETH: Shows a synchronized oscillating downward trend, with obvious selling pressure above 3000. The rebound strength is insufficient, buying support is weak, and bears are favored in the short term.
Live trading strategies:
- Bitcoin
- Entry: Short at 89500-90500
- Stop-loss: 91000 (exit upon effective break)
- Target: Near 87000, with a break target of 86500
- Ethereum
- Entry: Short at 3050-3100
- Stop-loss: 3130 (exit upon effective break)
- Target: Near 2930, with a break target of 2900