Trading Philosophy: Look at the trend in the big cycle, find points in the small cycle;
Technical Analysis: For Bitcoin, the weekly level closes with a bearish candle, the Bollinger Bands continue to open, the MACD moving averages are running upwards, bullish volume continues to increase, the KDJ line is running smoothly. At the daily level, it closes with a small bullish candle, the Bollinger Bands continue to close upwards, the MACD moving averages continue to run downwards, bearish volume continues to increase, and the KDJ line also starts to run downwards. At the 4-hour level, the Bollinger Bands begin to open, the market currently encounters resistance and falls back to the lower band, the MACD moving averages begin to run downwards, bearish volume continues to decrease, and the KDJ line is running downwards;
For Ethereum, the weekly level closes with a large bullish candle, the Bollinger Bands continue to open upwards, the MACD moving averages continue to run upwards, bullish volume continues to increase, and the KDJ line is running upwards. At the daily level, it closes with a doji bullish candle, the Bollinger Bands continue to open upwards, the MACD moving averages are running smoothly, bullish volume begins to decrease, and the KDJ line is running downwards. At the 4-hour level, the Bollinger Bands continue to close upwards, the MACD moving averages continue to run downwards, bearish volume is increasing, and the KDJ line is running downwards;
In summary, after a general rise, the market encounters resistance and falls back. It is expected to retrace to support at Bitcoin 96000 and Ethereum 3650 before rising again. Currently, the support has been broken, and in the short term, it is recommended to continue shorting until near the next support level!
Trade Recommendation: Aggressively short!
Currently short Bitcoin in the 95300-95800 area, target 94000-93000, stop-loss at 96500;
Currently short Ethereum in the 3620-3650 area, target 3550-3500, stop-loss at 3680;
The strategy is time-sensitive, please refer to private real-time guidance for specifics!
