The rebound is weak, cherish the opportunity for high shorts, and look for a swing short at 75,000!

CN
1 day ago

If Bitcoin entered a short position at 92,000 yesterday, then be patient and hold on, as there may not be such a high opportunity again! Since the peak and subsequent drop from 126,200, the lower level of 80,600 is definitely not the bottom, so don’t fantasize about a bull market just because of a slight rebound. Trading is based on logic, and trends are viewed through structure. The downward structure has not been broken, and the short-term adjustment is about to end. Recently, the market has been falling well, only to suddenly fake a rise; otherwise, how could there be so many bulls to liquidate? Every time there is a drop, there must first be a pull-up to blow up those who are heavily shorting and wash out the unstable bears, leading retail investors to chase the rise, only to be caught off guard when it drops again. So, in the short term, the market is bouncing up and down, but if you broaden your perspective and look at the long term, the trend becomes clear!

Bitcoin's daily candlestick closed with a small bullish line with upper and lower shadows. The upper shadow is getting longer, and the body is getting lower, indicating signs of weakness in the bulls. The Bollinger Bands are narrowing, suggesting that the market is brewing for a big move, which will eventually break the current narrow range. The chart drawn over the weekend shows that the downward trend line has still not been broken, and the price is still operating within three small adjustment channels, with a focus on short positions for the day.

On the 4-hour level, yesterday's rebound was pressured by the upper band, forming a small double top near 92,000, leading to a pullback. At 89,500, a small double bottom formed, leading to a rebound. The last candlestick closed as an inverted hammer, indicating that the strength of the rebound is weakening. The MACD bullish energy continues to shrink, the KDJ has formed a dead cross at a high level and is moving down, and the RSI is turning down. Treasure the opportunity for a rebound today; otherwise, if you miss the chance to short at a high, you will really regret it later! Today, Bitcoin's upper resistance is at 90,700 and 92,000, with strong resistance at around 94,000. For short-term pullbacks, first look at around 88,500, then at 87,000. This week, the bearish target is first at 85,000, and the swing target is at 75,000.

Ethereum's price needs to be more resilient; it is currently oscillating around 3,100 for repair. Last week's rebound was pressured at the 618 position, which is around 3,260. The upper resistance is at 0.5 (3,138) and 618 (3,260). As long as it does not break through here, the rebound is just a rebound, and the short-term gap filling is not a concern. In terms of short-term support, pay attention to 3,050, 2,980, and 2,900. This week, the bearish target looks down to 2,800 and 2,600.

Two wolves came to the grassland. One wolf was very disappointed because he could not see the meat; this is vision. The other wolf was very excited because he knew that where there is grass, there will be sheep; this is perspective. Perspective can transcend the current situation and allow one to see life goals. Life is a process of continuous cultivation! The eyes can only see the present, but vision can see the future. The road of investment is long; perhaps I cannot give you too much warmth along the way, but there is a term called "doing my best." I never believe that investment can make one rich overnight; that is unrealistic, and there is no 100% profit. Steady investment is always accompanied by losses. Your perspective determines how far you can see, and your patience determines how far you can go.

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。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink