Bitcoin reached a new high yesterday and then retraced, with a fluctuation of over ten thousand points in a single day, especially after the bulls pushed to a high of 90,000 before retracing to around 85,000. The larger the increase, the more space is needed for the retracement. Therefore, yesterday we successfully captured a bearish move of 4,000 points. Here, some may wonder, how can one consider going short under such strong bullish conditions? Currently, the market is indeed dominated by bulls, but a stable top and a second surge also require sufficient adjustment and accumulation of strength.
In simple terms, the short-term Bitcoin has entered an adjustment phase, with the upper resistance level to watch around 91,500-92,000. The lower support level is at 85,000, and if it breaks, strong support is seen around 82,500. Today's intraday strategy suggests focusing on short positions.
For intraday trading recommendations on Bitcoin: short at 88,000-80,400 with a target around 86,000.
For Ethereum, short around 3,250-3,275 with a target near 3,125. #比特币搜索热度攀升 #加密货币总市值破3万亿美元 #BTC连续破新高,你看到多少?