Yesterday's bearish outlook was confirmed by the market, with the price fluctuating downward. Although it did not reach the key level of 92000, the trend generally met expectations. Yanmei's swing position overall made a good profit, but short-term operations encountered minor setbacks, resulting in slight losses.
1. Four-hour structure: The K-line is strongly suppressed by the middle track of the Bollinger Bands, trapped in the middle-lower track area, with the Bollinger Bands opening downward, indicating weak rebounds and difficulty in breaking upward in the short term.
2. Daily level: The coin price is forming a double bottom structure around 92000, but currently continues to test the lower track of the Bollinger Bands, which is also opening downward, suggesting the possibility of expanding lower space.
Intraday trading strategy suggestions primarily focus on shorting on rebounds. For BTC: 95800 - 96500 range,
Target: 92000 - 90000, if broken, then look down to 88000.
Zhishun: 96800, the market is unpredictable, so manage risk well!