Thursday, after a high point resistance, watch for a downward wave shape!!
Yesterday's Bitcoin rebound was somewhat unusual, especially Ethereum which was even stronger with an intraday rebound of over 300 points. I believe many friends who shorted also hit a wall. Additionally, Xu Bin is looking bearish at the 94000 mark, with a pullback to 93000 providing a 1000 point space. I wonder if everyone managed to exit.
Currently, from the 4-hour chart of Bitcoin, the rebound space after reaching the 97200 line is significant. Today is likely to show a relative adjustment. If the 4-hour chart is a rebound wave shape, there will be a conversion to a pullback wave today, indicating a high test and a retracement pattern, which still carries a considerable risk of a high pullback. Therefore, it is not advisable to chase after high prices today, and the main strategy could be to consider shorting after a spike.
BTC Short-term: 95500–96000 short, target 93000, 89700
ETH Short-term: 3600–3620 short, target 3465, 3320 (aggressive traders short at current price)
This is not Xu Bin boasting, it's straightforward, is the direction accurate?? Everyone knows in their hearts, short-term 95%±, right?? There has been a real account winning streak of 24. If you don't believe it, come and challenge. #山寨币走势展望 #BSC生态活力释放 #市场回暖新机遇 #以太坊时刻到来? #市场波动,加仓还是观望? $ETH $BTC $SOL