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BTC afternoon began rallying from around 69100 level, currently attempting to break through the 70000 mark. Our early morning short perfectly reached target, closing 1100➕40 points.
From the one-hour chart perspective, the K-line five consecutive positive candles broke through the Bollinger Band middle band, with the Bollinger Band narrowing. MA5 and MA10 moving averages are in golden cross formation. Short-term momentum histogram shows volume contraction.
From the four-hour chart perspective, the K-line stabilized at the Bollinger Band middle band, with the Bollinger Band narrowing. MA moving average golden cross trend.
Tonight's short: around 69800-69300 levels for shorts, targeting 70800-71800 zone
Tonight's short: around 2040-2020 levels for shorts, targeting 2090-2120 zone
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