#比特币市场波动观

The weekly level Bitcoin is trending down to the 95000 line, currently the market is experiencing fluctuations and rebounds, overall strength is not significant, with weekly resistance at the 97000-98000 line. If it continues to go down, the 90000 level may not be maintained; conversely, the 100000 mark may still come. Ethereum's downtrend is relatively strong, with a waterfall drop of a thousand points over the week. Currently, it is experiencing fluctuations and rebounds, with weekly resistance at the 3450 line, and the next target for downward movement is the 3000 line;

At the daily level, Bitcoin is continuing its downtrend with consecutive bearish candles. The previously mentioned inflection point at 96000 has now been breached. According to the principle of support and resistance reversal, 96000 can now become a resistance level, with support below at the 92000-90000 line. Ethereum similarly has breached the previously mentioned inflection point at 3350, which has now turned into a resistance level, with support below at the 3200-3000 line;

At the 4-hour level, Bitcoin currently has resistance above at 96000-97000 and support below at 95000-94000. Ethereum currently has resistance above at 3350-3380 and support below at 3250-3220. Overall, the market rebound from oversold conditions lacks strength, and further downward movement is expected after consolidation. The strategy should focus on taking high short positions while supplementing with low long positions;

Trading strategy: Focus on high short positions!

Short Bitcoin at 96500-97000, target 96000-94000, with a stop-loss above 98000;

Short Ethereum at 3350-3380, target 3300-3200, with a stop-loss above 3430;