The midnight market shows an overall fluctuating trend. Whether it is a midnight dip or a rise, no clear one-sided trend has been formed. In actual trading, high position short positions were entered in time, and after a pullback, a rebound was captured, seizing another rebound opportunity in the trend. I wonder how many friends were shaken out by this round of back-and-forth washing of multitudes.
From the current market view, the hourly line has stopped falling and rebounded around 95000, and the structure of the small cycle shows relatively strong performance. However, the upper level at 96400 has not been broken, indicating some pressure. Therefore, short-term operations can still be maintained under the premise that 96400 is not broken and looking for a pullback. The four-hour middle track has moved down but has not formed an effective breakthrough, and the overall trend still leans towards a high-level pullback idea.
Bitcoin short at 96200-96500, target around 93600
Ethereum short at 3640–3650, target around 3500 #Layer1公链普涨 #下一个换谁涨? #微策略持续增持BTC