Today, the market experienced another round of fluctuations, with the price ratio continuing to decline. The highest point rebounded to 96538, while the lowest touched around 92900, and there is still a trend for further dips. We maintain a bearish outlook for the day and will operate in conjunction with short-term rebounds, ultimately achieving considerable profits. Currently, the market trend remains quite clear, and both the strategy and point analysis have been validated, with the market direction aligning with our expectations.

From the current market perspective, Bitcoin and Ethereum have shown similar patterns recently, with the price ratio failing to break through after multiple rebounds on the daily chart, ultimately retreating to close lower. Following a doji star, it turned into a small bearish candle, consistent with our expectations for a corrective pullback. Despite several rebounds, the high point around 96500 remains under pressure, further intensifying the intraday volatility. Looking at the daily and weekly charts, the overall pattern is still one of high-level corrections. On the 4-hour chart, the price ratio continues to demonstrate a downward trend with each step followed by a retracement, with a certain rebound after each dip. A previous dip touched around 92000, followed by a rebound to 99500, indicating that the rebound space is related to the extent of the decline. Currently, there may still be further short-term pullbacks, and when confirming the high point of the rebound, we can choose entry positions based on the pattern, adopting a bearish approach to the rebounds.

Short Bitcoin at 94000-94500, target around 92000.

Short Ethereum at 3300-3330, target around 3200. #币安Alpha公布第5批项目 #币安LaunchpoolBIO #BinanceLabs投资Usual