From the current market situation, the four-hour chart shows the price staying close to the lower band of the Bollinger Bands, with obvious insufficient bullish momentum and a gradual dominance of the bears. On the one-hour chart, although there is alternating bullish and bearish movement and the MACD is gradually forming a cross, there are no clear signs of a reversal in the short term. The probability of a pullback is relatively high, so afternoon trading should mainly focus on shorting from the highs.



For Bitcoin, you can short in the 86500-87000 range with a target around 83000;

For Ethereum, you can short in the 2950-2980 range with a target around 2800.
BTC-1.33%
ETH-0.39%
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