In the early hours of today, the cryptocurrency price continued the previous rebound trend and further tested the resistance above 94,000. Following the closure of the US stock market, it entered a correction and repair phase. Currently, the cryptocurrency price has once again entered a phase of pullback and consolidation. The approach I shared in the early hours of looking for long positions first and then considering corrections has been perfectly validated once again. For friends who have been continuously following my thoughts, I believe there is no need for further words at this time. The grasp of market segments and the sharp sensitivity to short-term trends remain consistently accurate. This morning, I led students to achieve precise gains on both long and short positions. Friends who have not been performing well in the recent market can choose to follow directly. As always, those who dare to make changes have been following the rhythm to profit. In the crypto world, choice always outweighs effort.

Looking at the four-hour chart of Bitcoin, after a rapid rise with consecutive bullish candles, the price has been continuously pulling back around the current range. The current price has stabilized above 93,000 and after testing downward, it has shown a strong upward structure again. After a significant rise, the demand for a correction has also increased. From the long upper shadow lines that have been continuously formed, it is not difficult to see that the bullish ascent is clearly hindered. Currently, the KDJ lines on the four-hour chart are converging from above to below, forming a death cross, indicating that there is still a trend for further correction in the short term. From the short-term hourly chart, the price has shown a pattern of alternating small bearish and bullish candles, consolidating in a sideways manner. The Bollinger Bands have once again entered a phase of contraction. The current price has run towards the lower bound of the upper band with consecutive bullish candles. The liquidity during the day is relatively long, and in the short term, the price lacks the momentum to push higher. Therefore, we can adopt a range-based approach in the short term, observing that the price is nearing the upper range. We should anticipate a bearish outlook in the short term.

Short positions around 93,800 for Bitcoin, with attention to 92,500; short positions around 3,230 for Ethereum, with attention to 3,120. #币安区块链周 #美SEC推动加密创新监管 $BTC $ETH $SOL