Yesterday, Yanmei's Bitcoin trading proposal shone brightly, entering short positions near 102230, with market trends under control, targeting the range of 99000 - 97000 for a gain of 5200 points.
From a technical perspective, the four-hour chart touches the lower Bollinger Band, with short-term downward pressure approaching. Although the MACD bearish energy bars are about to diminish, their strength remains, and the daily chart shows consecutive bearish candles, creating a pessimistic atmosphere in the market. The KDJ dead cross points downwards, highlighting the dominance of bears.
Intraday operation,建议反弹做空
BTC: Short in the range of 97000-98000
Target: near 95500, if it breaks, look down to 93000;
If the support holds, bulls may have a chance to rebound, consider going long, aiming for the 100000 mark. However, the bearish momentum is strong, so be cautious with risk management, strictly enforce take-profit and stop-loss, and beware of market backlash.
