Daily pullback has ended! Will 98600 form a new top? Real-time analysis in the live broadcast!
Bitcoin has recently not broken ten thousand for a deep pullback, which is also within our expectations. The pullback near 92000 completed a daily level pullback and rise, just reaching the position of 98600, forming a double top pressure. Tomorrow also closes the monthly line. In this situation, a significant drop is highly likely, with attention to the lower range of 88000 to 89000. From a purely technical perspective, the macd shows that the absolute value of the bearish energy bar is greater than that of the bullish energy bar. This indicates that a bearish trend has formed, and everyone can focus on short positions.
Ethereum is overall weaker, with 3800 likely being the limit point, still needing to watch Bitcoin's movements. Recently, as Bitcoin pulls back, it may also break below the 3000 position. Do not have faith in them; the world is unpredictable!
Operation suggestions: Bitcoin short at 98200, stop-loss at 99500. Target 92400.
Ethereum short at 3640. Stop-loss at 3680. Target 3520.
