Bitcoin re-tested 90,500 in the early morning, and although it rebounded to 91,200, the rebound strength everyone can see has no volume support at all.
Looking at the current technical setup, the 4-hour Bollinger Band middle band shows obvious resistance pressure, and the hourly upper band has heavy selling pressure. This is clearly a signal that the bulls are exhausted, wanting to reverse the trend? Currently, that seems impossible. Ethereum is following the same rhythm. Since the trend is already very clear, our operation is simple: go short with the trend!
Bitcoin rebound 91,500-92,300 area for control, target first look at 90,300-89,300, if broken below then 88,300.
Ethereum rebound 3,130-3,180 area to short, downside target 3,050-3,000. $BTC #美联储降息 $ETH
Bitcoin re-tested 90,500 in the early morning, and although it rebounded to 91,200, the rebound strength everyone can see has no volume support at all.
Looking at the current technical setup, the 4-hour Bollinger Band middle band shows obvious resistance pressure, and the hourly upper band has heavy selling pressure. This is clearly a signal that the bulls are exhausted, wanting to reverse the trend? Currently, that seems impossible. Ethereum is following the same rhythm. Since the trend is already very clear, our operation is simple: go short with the trend!
Bitcoin rebound 91,500-92,300 area for control, target first look at 90,300-89,300, if broken below then 88,300.
Ethereum rebound 3,130-3,180 area to short, downside target 3,050-3,000. $BTC #美联储降息 $ETH