The oscillation range exists! The pressure above remains strong!

The clearly indicated positions this morning have been well taken. Currently, after the price comparison has stretched, the overall market has fallen back into a consolidation phase. During the afternoon rise, there have been many pauses, and the upward momentum is not strong. Without further ado, let's first look at the strategy.

The afternoon market did not provide much volume but continued the narrow oscillation for correction. The daily level shows a contraction consolidation, and the daily line has entered a phase of dull oscillation. The market is still unable to break out strongly, waiting for a breakout to open up the range and establish a direction. Looking at the four-hour chart, after yesterday's spike and retreat, the market has once again fallen into a sluggish state, with no effective breakthrough to the mid-track. The Bollinger Bands are flattening, and the mid-price has not formed a breakout; therefore, the correction will continue, and the oscillation range still exists. On the short-term 15-minute level, after the market retracement, the price continues to rise, with the pressure level above maintained, but the lows are getting higher. A short-term upward trend line has formed, but due to the average level performance being mediocre, we can maintain a bearish rebound strategy for the afternoon.

Afternoon Bitcoin and Ethereum operational strategies suggested by He Yang:

Bitcoin: Sell on rebound at 96400-96700, target around 95000.

Ethereum: Sell on rebound at 3680-3710, target around 3600. #Layer1公链普涨 #RWA板块普涨 #下一个换谁涨？ #微策略持续增持BTC #每日瓜分1BNB $BTC $ETH