Market Trend Analysis + Trading Strategy Suggestions
First, let's analyze today's market trend!
BTC Bitcoin 4-hour K-line trend:
Upper resistance level: around 95158~96830
Lower support level: around 91150~92900
ETH Ethereum 4-hour K-line trend:
Upper resistance level: around 3406~3520
Lower support level: around 3108~3215
Technical analysis:
First, Bitcoin's 4-hour cycle K-line is rising with decreasing volume, the 4-hour K-line price has slightly rebounded near the double bottom of 92819, but the volume performance is poor, and the rebound is weak. Please pay attention to the upper resistance level around 96830.
Second, the trend indicators for Bitcoin in periods below 12 hours are still showing a bearish trend. The short-term operation strategy is to short on rallies!