After hitting a low of 98115, Bitcoin rebounded to 100988, while Ethereum rose from 2111 to 2246, but the overall trend is dominated by bears.
Technical Analysis: Breaking below the lower Bollinger Band, operating within a downward channel, with new lows being established; the middle Bollinger Band continues to decline; KDJ has not crossed over, MACD shows a death cross with increasing green bars. On the 4-hour level, a large bearish candle confirms short-term bearish dominance. Minor rebounds face resistance and fall back, with strong bearish momentum; it is recommended to short at high levels.
Operational Recommendations
Bitcoin: Short around 101200—101500, target 98500 Two pancakes: Short near 2260—2280, target 2130#btc #特朗普
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Monday morning analysis
After hitting a low of 98115, Bitcoin rebounded to 100988, while Ethereum rose from 2111 to 2246, but the overall trend is dominated by bears.
Technical Analysis: Breaking below the lower Bollinger Band, operating within a downward channel, with new lows being established; the middle Bollinger Band continues to decline; KDJ has not crossed over, MACD shows a death cross with increasing green bars. On the 4-hour level, a large bearish candle confirms short-term bearish dominance. Minor rebounds face resistance and fall back, with strong bearish momentum; it is recommended to short at high levels.
Operational Recommendations
Bitcoin: Short around 101200—101500, target 98500
Two pancakes: Short near 2260—2280, target 2130#btc #特朗普