🔥Morning market analysis!
From a 4-hour perspective, the price briefly stabilized at the middle band of the Bollinger Bands but failed to form an effective repair, instead producing four consecutive bearish candles, with the bearish strength clearly dominant. The current price is closely aligned with the lower band of the Bollinger Bands, with all time frame moving averages turning downward simultaneously, indicating a bearish trend structure, and there is still room for further release below. The overall strategy is to short on rebounds.
💥Operation suggestions:
$BTC Rebound to the 90600–89500 range for phased layout of short positions, targeting 87000–86000.
$ETH Rebound to the 3180–3150 range for layout of short positions, targeting 3020–2960.
Maintain a trend-following approach, do not chase lows, wait for rebounds to give entry points, and control position size and risk management well.
