Midnight Hangqin, the bulls did not make much of a recovery, and continued the previous downward trend, once again refreshing the recent low point. The lowest point of Bitcoin came to the 68364 level, and has been in a sideways consolidation since then, with an overall weak trend. Ethereum also followed Bitcoin without much rebound, continuing the downward trend and reaching the recent low point, touching the 3461 level. We made a short position near 69410 for Bitcoin and a downward position near 68560 without waiting for a rebound, gaining 850 points, and a short position for Ethereum at 3528, gaining 64 points.

On the daily chart, after four consecutive gains, Bitcoin showed a small negative candlestick in the morning, encountering resistance at the previous high point. It is expected to retest the low point and seek support and stability. The Bollinger Bands are starting to contract, and the current price is running near the middle track. If the middle track is lost, it will retreat to the lower track. On the 4-hour chart, the pressure caused a retreat after the high, losing the middle track, making the short-term trend weaker. Due to the high and low exploration and fall on the daily chart, it shows that the short-term bulls are not strong. Combined with the stabilization of the pattern, we will consider reversing after the fall.

Thursday morning, Bitcoin can be directly shorted at 70500-70300, with a target of 69500. Ethereum can be directly shorted at 3550-3560, with a target of 3450. Whether you are a novice or an experienced trader struggling in the market, or seeking a stable and profitable trading method, or feeling confused about long-term, medium-term, and recent investment and trading, you can find me to improve your practical combat capabilities and survive in the market in the long run.

You can follow the public account: "Shanhe Brother's Coin Analysis". Real-time guidance and welfare strategies.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。