The large coin faces resistance on the four-hour scale, and although the bulls seem to be warming up, the momentum is actually exhausted, and the overall trend is still downward. The Bollinger Bands are all synchronously moving downward, with clear bearish signals. The morning strategy is primarily focused on short positions.
Short near the large coin at 85800-86800, target around 83500.
Short near Ethereum at 2860-2890, target around 2750.
The US stock market staged a "high rebound and fall" overnight, with all previous gains completely erased, and there are clear signals of weakening bullish momentum.
From a technical perspective, the KDJ three-line dead cross extends downward, the MACD indicator forms a dead cross at a high point, and the volume indicators are simultaneously weakening, increasing short-term adjustment pressure; coupled with marginal tightening of market liquidity, a funding-driven rise is difficult to sustain, and intraday trading is expected to focus on fluctuations.
Tonight's key speeches will become a core variable, and it is essential to pay close attention to their guiding role on market sentiment and capital flows.
Buy near 85000-85500, target 88000-88500, if broken, look for 90K.
BNB 4-hour cycle analysis, after the price fell to the key area of 855, it failed to continue the downtrend and subsequently welcomed a slight rebound, with bulls beginning to gather strength.
On the evening of December 17, gold fell as expected, short positions at 4326/36, short-term take profit.
The intraday short positions at 4326 and 4336 were executed in batches, with some tension; the highest was 4342, which did not trigger my stop loss at 4344. There is a certain profit in the short term, and take profit can be considered. The evening is expected to maintain a fluctuation with a bearish bias. For the subsequent rebound, continue to short at 4336-40, with a stop loss at 4346 and take profit at 4306-4296. Please pay attention to the risk.
Continue to short near the rebound at 4337 in the evening, with a stop loss at 4346 and take profit at 4306-4296.
The current 4-hour Bollinger Bands are continuing to diverge downwards, with the price repeatedly testing the 88500 level without breaking through, and the pressure from above remains strong.
The short-term support level is maintained at 85000, and it is highly likely that it will continue to test the validity of this support. Evening operations are recommended to focus mainly on short positions, with some long positions as a supplement.
Currently looking at the Fed's interest rate cut and Powell's speech, the market shows a high and then a pullback. The market is at a critical point of long and short battles. Bitcoin should pay attention to the support level at 90000, while Ethereum should focus on the support at 3200, and avoid chasing shorts at low levels.
I firmly believe that profit is the only measure of strength. My analysis is never ambiguous, and my trading style is unique.
Follow my rhythm; others are already speeding down the path to wealth, while you are still hesitating at the intersection whether to cross the traffic light. Remember, hesitation leads to defeat! Stay close to my steps, and wealth will surely roll in.
The morning saw a direct breakdown, and a significant rebound is unlikely within the day. After a short-term rebound, go short directly; the rebound within the day is expected not to exceed 89000
Remind everyone to buy at the bottom when it was 8W, although I sold in between, I bought back at 85000 and have held it until now, and I will continue to hold it in the future
The long position below 2990 for Ether reached 3050
The long position near 90600 for Bitcoin is close to 92000
Long positions can be reduced or closed; the market fluctuates little on weekends, but most importantly, I provided top-level conversion ideas and excellent areas to enter long positions