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You can follow the official account Gu Jingci a, focusing on mainstream coin guidance and layout. In the past few days, I have repeatedly reminded to raise the price to short, and to add to short positions, the market has repeatedly surged and pulled back, filling the space. Currently, the latest several K-lines on the 4-hour chart show that the price is retreating from a high position, with extremely low trading volume, indicating insufficient rebound momentum. After experiencing a strong rebound at the beginning of the month, the daily chart encounters obvious resistance above, closing with two consecutive bearish candles, and the high point has not broken through, forming signs of a short-term top.
On the technical indicators, the four-hour level DIF line has crossed below the DEA line to form a death cross, and the MACD histogram is negative and continues to expand, indicating that short-term bearish forces dominate, with increased downward momentum. The daily and four-hour MA indicators have all turned downward, with clear resistance above, the trend is weak, and the market is expected to fall further.
Operational suggestions: Bitcoin continue to short around 62800 to 63300, target 60500 to 61500; Ethereum continue to short around 1760 to 1780, target 1650 to 1700.
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