A short-term 700 points is also a good choice, brothers.
渔夫日记z
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A new week begins, and it is the last two days of the month, with the year-end approaching. Wishing friends continuous good luck! Bitcoin experienced a weekend of consolidation and then declined again, reaching a low of around 93000, consistent with our weekend high short strategy. Currently, the price is operating in the 936000 range. If the bottom support is not broken, there is hope for a rebound in the future.
From the daily chart, the current trend shows weak downward movement. After a large bearish candle retracement, it has fallen again after a tug-of-war. However, the downward pressure is not strong, and there are lower shadows, indicating a potential rebound risk in the future.
On the 4-hour chart, after continuous bearish candles, it touched the lower band and rebounded. Attention should be focused on the support situation at 93000. If the support holds, one can go long; if the support is broken, one should go short in the direction of the trend.
Trading suggestions Bitcoin pullback: Go long in the 93300 - 92800 range, targeting around 94300 - 95200. Ethereum pullback: Go long in the 3350 - 3340 range, targeting around 3420 - 3460.
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