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On Monday, affected by news, the US stock market closed early! The Bitcoin 4-hour chart broke below support and is now consolidating at a low level, with the MACD dead cross and increasing green bars, showing no clear signs of reversal. The hourly Bollinger Bands are opening downward, running below the middle band, with the MACD green bars shrinking and a potential golden cross, indicating a short-term weak rebound but still maintaining a bearish pattern. The future trend remains primarily bearish.
In the evening, the main strategy for Bitcoin is to short around the 93500-94200 range! Targeting 92000-91200!
For altcoins, short around the 3250-3280 range! Targeting 3180-3100!