Tuesday Morning Jingyi's Silk Analysis

(Resistance on the upside, can short during intraday rebounds)

The market for Bitcoin continues to fluctuate at high levels, with a spike yesterday followed by a retreat. Currently, there is a lack of upward momentum, and it is recommended to short on rallies.

From a daily perspective, the price of the coin is fluctuating widely, with the rise and fall lacking continuity, showing a range-bound movement. Yesterday closed with a bearish candle, and the K-line is under pressure at the upper Bollinger Band, making it unwise to chase long positions. The 4-hour level is also fluctuating, with repeated shifts between bullish and bearish. The key support level at 106600: if it holds, the fluctuation may continue; if it breaks, it could potentially initiate a unilateral decline.

Operation suggestion:
Short BTC in the range of 107500-107800, target 106500-105000
Short ETH in the range of 2500-2530, target 2450-2300#Gate 30天净流入全球第一 #特朗普税改法案 #灰度数字大盘 ETF