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BTC and ETH Market Analysis and Intraday Layout
Last night, BTC encountered resistance after a surge and quickly dropped from the upper Bollinger Band around 96200 to below the middle band, showing a clear short-term downward trend.
The current market shows that after the significant fluctuations last night, trading sentiment has notably cooled down, entering a range-bound oscillation mode. From the daily level analysis, although yesterday's daily candle closed bullish, the upper shadow is relatively long, indicating heavy selling pressure above. On the four-hour level, the price has again fallen below the middle Bollinger Band, with neither bulls nor bears showing significant volume. Considering the holiday factors, it is difficult for the market to exhibit a strong one-sided trend. Therefore, the intraday layout suggests a focus on short positions with high leverage, supplemented by low long positions.
Trading Suggestions
BTC: Short in the range of 94200 - 94500, targeting 93000-92300
ETH: Short in the range of 3370 - 3400, targeting 3280-3230#BTC #ETH #BTC走势分析 $BTC $ETH
Last night, BTC encountered resistance after a surge and quickly dropped from the upper Bollinger Band around 96200 to below the middle band, showing a clear short-term downward trend.
The current market shows that after the significant fluctuations last night, trading sentiment has notably cooled down, entering a range-bound oscillation mode. From the daily level analysis, although yesterday's daily candle closed bullish, the upper shadow is relatively long, indicating heavy selling pressure above. On the four-hour level, the price has again fallen below the middle Bollinger Band, with neither bulls nor bears showing significant volume. Considering the holiday factors, it is difficult for the market to exhibit a strong one-sided trend. Therefore, the intraday layout suggests a focus on short positions with high leverage, supplemented by low long positions.
Trading Suggestions
BTC: Short in the range of 94200 - 94500, targeting 93000-92300
ETH: Short in the range of 3370 - 3400, targeting 3280-3230#BTC #ETH #BTC走势分析 $BTC $ETH
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BTC
98,225.01
+1.97%
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