12.16 Qin Feng Evening Thoughts

Currently, the daily level shows a bullish trend with a decrease in volume and a small bullish candle, while the four-hour chart shows a bearish trend with a decrease in volume but a rebound, although the bullish candle is showing a downward trend. The hourly chart indicates that the bullish volume has increased, approaching the upper boundary. Given that the non-farm payroll and PMI data will soon be released in the evening, market volatility is expected to increase. Overall, the evening strategy should focus on short positions at high levels. (Personal advice, for reference only)

Bitcoin can be shorted in the range of 88800-87800, targeting around 86000-84000.

Ethereum can be shorted in the range of 3050-2980, targeting around 2920-2850 #加密市场观察