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Yesterday, Baishi mentioned that Bitcoin rebounded to around 97200 for short positions, and Ethereum rebounded to around 3400 for short positions. I just woke up and checked the market; as of 8:53, Bitcoin is fluctuating around 94400. The short-term bearish trend is relatively strong.
The indicators EMA7, EMA30, and EMA120 are showing a bearish arrangement, with prices below all moving averages, indicating strong downward pressure. The trading volume is relatively stable within the 4-hour cycle, with no significant signs of increased or decreased volume. Simple operation suggestions:
BTC operation suggestion: short around 95400, add to short at 96200, defend at 96900, target 92900.
ETH operation suggestion: short around 3302, add to short at 3340, defend at 3370, target 3160$BTC .