12.12 Afternoon Thoughts

Morning long position, made a profit of 1300 points on Bitcoin, and 60 points on Ethereum.

Bitcoin dropped from around 101300 to around 103000, then around 101800, currently around 100900. Ethereum is catching up.

From the one-hour chart, the K-line is blocked by the Bollinger Bands, and the MA5 and MA10 moving averages are opening downwards, with bullish momentum decreasing.

Afternoon operation: Short Bitcoin on a rebound from 101500 to 102000, target 99900.

Short Ethereum on a rebound from 3960 to 4000, target 3850! $BTC