10.11 Market Analysis



The market has never had a trend that only rises without falling. The charm of contract trading lies in grasping the opportunities for both upward and downward movements. Trump's tax policy has heightened risk aversion, leading to a decline in US and European stocks, which is transmitted to the crypto market. BTC's decline has widened in the early hours; in the short term, BTC and ETH are undergoing a narrow consolidation over four hours, focusing on the support between 118500 and 119000, with a high probability of returning to a downward trend on the daily chart.

From the chart, the four-hour K-line has broken down with four consecutive negative candles, closely following the lower Bollinger Band, indicating a bearish dominance; the one-hour chart shows a short-term correction but lacks strength in recovery, with buying pressure being weak. Trading should still reference the next low point, maintaining a high short position strategy.

Operation Suggestions

BTC: Short near 112800, target 110000

ETH: Short near 3890, target 3720#BTC走势分析
ETH0,24%
BTC0,07%
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