The windfall of wealth always belongs to those who dare to fight. The crypto world is ever-changing, and every fluctuation is a call from destiny. Catch the rhythm, turning the tide against the wind is not a dream. Getting on board now may just be the starting point of tomorrow's legend. Don't hesitate, opportunities never wait for anyone; winning lies in awareness, and success lies in decisiveness. Last midnight, the Bitcoin market did not break out of a larger range, with the price slightly rebounding to the 115652 high point before facing pressure and falling back, until the early morning when the market touched a low of 115244 before stopping the rebound. The Ethereum market also maintained a movement synchronized with Bitcoin, with the price rebounding to the 4499 high point at midnight before facing downward pressure, nearing the early morning where the lowest came to a point of 4446.


Based on the current market situation, the daily chart shows that the price is under pressure after hitting the upper band of the Bollinger Bands, leading to a slight pullback and consolidation above the middle band. However, the KDJ indicator's three lines are in a death cross formation and are extending downwards. The MACD histogram is also continuously shrinking above the zero line, indicating that the overall trend favors the bears. From the four-hour level, the market shows a downward trend with four consecutive bearish candles, the Bollinger Bands are opening downwards, and the middle line is moving down, indicating that the overall trend is dominated by the bears. However, there is a long lower shadow on the bearish candles, suggesting that there is some support below in the short term. Therefore, it is highly likely that the price will first rebound and then pull back, so in the morning operations, we will focus on shorting after a rebound.
You can short Bitcoin near 116,000. The short-term target is 114,000, the mid-term target is 112,500, and the long-term target is 110,000.
Ethereum around 4480-4500 can be shorted. The short-term target is 4400, the medium-term target is 4250, and the long-term target is 4000.
#美联储降息25个基点 #BTC战略储备市场影响 #XRP ETF上线
BTC1,56%
ETH4,08%
XRP7,88%
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