Trading philosophy: Look at the trend in the long term, find points in the short term;
Technical analysis: Regarding Bitcoin, the Bollinger Bands on the daily chart continue to contract upwards, the MACD moving average continues to move downwards, short selling volume is starting to increase, the KDJ line is beginning to move downwards. On the 4-hour chart, the Bollinger Bands continue to open downwards, the price has currently broken below the lower band and is facing resistance on the rebound, the MACD moving average continues to move downwards, short selling volume continues to increase, and the KDJ line is stabilizing;
Regarding Ethereum, the Bollinger Bands on the daily chart continue to contract upwards, the MACD moving average is flattening and moving down, bullish volume continues to decrease, and the KDJ line is also starting to flatten and move down. On the 4-hour chart, the Bollinger Bands are starting to open, the MACD moving average continues to move downwards, short selling volume is increasing, and the KDJ line is moving downwards;
In summary, the overall trend of the market decline is not yet complete. During the day, almost current price short positions were given, with Bitcoin and Ethereum both reaching target levels of 92000-3300. In the evening, a rebound strategy will be given to continue shorting, with Bitcoin's rebound strength expected to be insufficient to stop loss. Ethereum accurately reached and again achieved the target level of 3250, all of which can be verified in the previous text!
Operational advice: Continue shorting!
Short Bitcoin in the 93500-94000 range, target 92500-91500, with a stop loss at 94500;
Short Ethereum in the 3330-3360 area, target 3250-3200, with a stop loss at 3380;
The strategy is time-sensitive; specific guidance is based on real-time private advice!
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