Can't stop, simply can't stop! This is the naked rice picking market. The midnight market has shown a rhythm of first suppressing and then rising, initially with bears continuing to force a downward push, followed by a rebound and correction. Bitcoin dropped to around 85200, while Ethereum synchronously dipped to around 2790. Zhuowei provided an accurate strategy for following the trend of shorting at midnight, perfectly hitting the target point! The real trading layout is being followed up, with Bitcoin shorts entering around 87000, successfully capturing a profit space of 1189 points; Ethereum also operated in sync, achieving a profit of 64 points, with smooth holding throughout, earning comfortably and steadily.
The rebound and correction process of the current market has not yet ended, and the market is entering a phase of accumulation and energy storage, preparing for a new wave of downward movement. On the four-hour level, the market has undergone significant declines followed by technical corrections, but the overall market still presents a very strong bearish pattern. The three lines of the Bollinger Bands are diverging downward in unison, and the continuation of the bearish trend is being reinforced. The MACD technical indicator has initially formed a death cross pattern, with bearish strength continuously being released, showing strong trend continuation; on the hourly chart, the MACD death cross and top divergence bearish signal are even more evident, and the market dominance has been firmly controlled by the bears. The morning layout strategy is clear, waiting for the rebound and correction market to conclude, one can decisively enter and lay out short positions.
Bitcoin short in the range of 86500-87000 Target below 85000
Ethereum short in the range of 2850-2880 Target 2750
