Trading Philosophy: Look for trends in the long term, find entry points in the short term;
Technical Analysis: For Bitcoin, the daily chart shows a bearish candle around 108900, the Bollinger Bands are starting to widen, the MACD moving averages continue to trend downward, bearish volume is slightly increasing, and the KDJ is also trending downward. On the 4-hour chart, the Bollinger Bands are starting to flatten, the MACD moving averages are trending downward, bearish volume continues to slightly increase, and the KDJ line is trending downward;
For Ethereum, the daily chart continues to show a bullish candle around 2660, the Bollinger Bands are starting to widen, the MACD moving averages are gradually trending downward, bearish volume continues to slightly increase, and the KDJ line is trending upward. On the 4-hour chart, the Bollinger Bands are starting to widen upward, the MACD moving averages are trending upward, bullish volume continues to increase, and the KDJ line is trending downward;
Currently, the market is still in a consolidation phase, but it is expected to break out of this range soon. After taking profit on long positions yesterday, we directly reversed to short positions, accurately entering Bitcoin and Ethereum again, with short positions taking steady profits. Aggressive traders may continue to hold for further downside, and subsequent operations suggest continuing to short on rebounds!
Operation Suggestion: Short at high levels!
Current price for Bitcoin is 108500-109000 to short, target 107500-106500, with a stop loss at 110000;
Current price for Ethereum is 2640-2670 to short, target 2580-2520, with a stop loss at 2700;
The strategy is time-sensitive, please refer to private real-time guidance for specifics!
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