Joy accompanies sweat, success accompanies hardship. With the wind right and the tide level, it is time to set sail. Unknowingly, 2024 is about to end, and we are soon welcoming 2025.
Yesterday, Baishi mentioned that Bitcoin rebounded to around 97200 to short, and Ethereum rebounded to around 3400 to short. I just woke up and opened the market, and as of now, at 8:53, Bitcoin is fluctuating around 94400. The short-term bearish trend is relatively strong.
The indicators EMA7, EMA30, and EMA120 show a bearish arrangement, with the price below all moving averages, indicating strong downward pressure. The trading volume over the 4-hour period is relatively stable, without significant signs of increased or decreased volume. Simple operation suggestions:
BTC operation suggestion: short around 95400, add short at 96200, defend at 96900, target at 92900.
ETH operation suggestion: short around 3302, add short at 3340, defend at 3370, target at 3160$BTC .