12.10 Qin Feng Morning Thoughts

The daily chart shows a series of rising candles, and the increasing volume confirms the strength of the bulls. However, after a pullback on the hourly chart, the rebound momentum is weakening. The Bollinger Bands are expanding at a high position, and the price is deviating too far from the middle band, indicating strong demand for a return. Additionally, the KDJ is severely overbought, and profit-taking is piling up, increasing the pressure for adjustment. Future operations should change direction in accordance with the trend, cautiously shorting, and seize quality entry points during rebounds, making timely arrangements.

$BTC can short in the range of 93000-92300, targeting a drop near 91500-90800, breaking below 91000 for a continued decline, if it does not break below, consider going long instead.

$ETH synchronized with the big coin thoughts, can short in the range of 3350-3310, targeting around 3280-3250 near #加密市场观察 .