Bitcoin and Ethereum Afternoon Trading Suggestions and Follow-up Trend Analysis: 1/8 The current market shows a clear downtrend within the 4-hour cycle. Technical signals indicate weakening short-term momentum, but the price has approached the key support level at 89588.1. The bearish engulfing pattern in the K-line formation, combined with the downward slope of short-term moving averages, further reinforces the bearish bias in the market. However, the price remains above long-cycle moving averages, indicating that the medium and long-term trend has not completely reversed, providing some technical foundation for a possible market rebound. Given that the market is currently in a bearish trend, short-term moving averages are declining, and K-line patterns show a bearish engulfing signal, with price approaching the resistance zone of 89630.8-90364.2, adopting a prudent strategy of shorting near resistance levels is a high-probability choice aligned with the trend. Therefore, afternoon trading suggestions remain primarily focused on high-level short-selling strategy.
Bitcoin: Can short near 90800-91300, targeting around 89500-89000. Ethereum: Can short near 3140-3160, targeting around 3080-3030 near #加密市场观察 #ETH走势分析 #今日你看涨还是看跌？
Bitcoin and Ethereum Afternoon Trading Suggestions and Follow-up Trend Analysis: 1/8 The current market shows a clear downtrend within the 4-hour cycle. Technical signals indicate weakening short-term momentum, but the price has approached the key support level at 89588.1. The bearish engulfing pattern in the K-line formation, combined with the downward slope of short-term moving averages, further reinforces the bearish bias in the market. However, the price remains above long-cycle moving averages, indicating that the medium and long-term trend has not completely reversed, providing some technical foundation for a possible market rebound. Given that the market is currently in a bearish trend, short-term moving averages are declining, and K-line patterns show a bearish engulfing signal, with price approaching the resistance zone of 89630.8-90364.2, adopting a prudent strategy of shorting near resistance levels is a high-probability choice aligned with the trend. Therefore, afternoon trading suggestions remain primarily focused on high-level short-selling strategy.
Bitcoin: Can short near 90800-91300, targeting around 89500-89000. Ethereum: Can short near 3140-3160, targeting around 3080-3030 near #加密市场观察 #ETH走势分析 #今日你看涨还是看跌？