Trading philosophy: Look for trends in the larger cycle, find entry points in the smaller cycle.
Technical analysis: Regarding Bitcoin, the daily level shows two consecutive bearish candles, the Bollinger Bands continue to narrow upwards, MACD moving averages continue to move downwards, bearish volume continues to increase, and the KDJ line continues to move downwards. At the 4-hour level, the Bollinger Bands continue to widen downwards, the market is currently running below the midline, and MACD moving averages are flattening and moving downwards, with bearish volume beginning to decrease, and the KDJ line flattening and moving upwards.
Regarding Ethereum, the daily level shows alternating bullish and bearish candles, overall leaning towards a fluctuating operation. The Bollinger Bands continue to narrow upwards and show signs of reopening, MACD moving averages are running parallel, bullish volume continues to decrease, and the KDJ line begins to flatten and move upwards. At the 4-hour level, the Bollinger Bands start to run flat, and the MACD moving averages also begin to flatten and run downwards, with bearish volume decreasing, and the KDJ line moving upwards.
In summary, the overall trend of the market's decline has temporarily come to an end. The continued short-selling strategy given at dawn unfortunately started to decline when the message was sent, and entry was missed. In the morning, the market continued to decline as expected, then rebounded after hitting the bottom. Ethereum's upward momentum is relatively strong, and this wave of correction has basically been captured. Starting from 99500-3500, short positions were opened, including significant space captured during the counter-trend rebounds, all of which can be verified in previous texts!
Operational suggestion: Start buying low!
Buy Bitcoin in the 93000-93500 range, target 94500-96000, defend at 92500.
Buy Ethereum in the 3400-3430 range, target 3500-3550, defend at 3380.
The strategy is time-sensitive and is subject to real-time guidance privately!
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