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1-21 Morning Analysis
Yesterday, the bearish strategy took three trades, and this morning took another one. A continuous decline and a continuous rise, capturing a total of 1650 points in Bitcoin's space and 8200 in oil, and 97 points in the second contract with a space of 11700 oil. Friends who followed already have full baskets, enough for a prosperous year. If you haven't followed yet, what are you waiting for? Old Guo's strength is evident to all. Reversing the position, going ashore is just a matter of a thought. If you can't see clearly or do well, trust Old Guo!
Returning to the current market, on the four-hour cycle chart, Bitcoin's downward momentum continues to explode, with prices probing deeply again overnight, fully opening the downside space! The Bollinger Bands' three lines are opening downward simultaneously, and the bears completely dominate the market.
Ethereum also shows a strong consecutive downward trend, with prices directly breaking through the lower Bollinger Band support. The overall market focus shifts downward, and the bearish momentum shows no signs of weakening.
The current market trend is clearly bearish with full momentum. The morning trading strategy is clear: short on rallies.
Operation suggestion: Short in the 88600-89000 range, targeting around 87000-86000.