The market never disappoints those who understand trends. True trading wisdom lies in the precise capture of K-line movements and the firm execution of strategies. In the morning session, Bitcoin started to fall from the 90400 mark and continued its downward trend, probing near a low of 89300. Meanwhile, Ether began its pullback from the morning's 32140 mark, dipping to a low of 3165. Golden Lin's operation in the morning took down 1200 points from 92596, while the exit from 92368 yielded 2368 points! Ether positions at 3397 and 3276 points took down 96 and 106 points respectively, exiting successfully.
From the current perspective, at the 4-hour level, a long bearish K-line directly broke below the key support level of the Bollinger band middle track. The subsequent rebound momentum is weakening, and under the continuous pressure of the moving average resistance band, it has fallen back again, highlighting that the current market is already dominated by bearish forces. At the 1-hour level, the K-line shows a stepwise downward trend, with prices weakly operating along the lower track of the Bollinger band. Multiple technical indicators are in the oversold weak zone, and the slight rebound during this period is merely a technical correction of the excessive drop, lacking the support of sustained incremental buying. The current price remains in a volatile downward channel, and the short-term weak pattern has yet to show substantial reversal signals. In the afternoon, we can align our operations with the market layout.
Thursday afternoon strategy: Bitcoin near 90600-91000 for trading, target around 89000.
Thursday afternoon strategy: Ether near 3250-3280 for trading, target around 3100.$BTC $ETH

