Midnight Thoughts on Thursday

The ever-changing market is like an exhilarating roller coaster, allowing you to experience the joy of wealth doubling in an instant or the thrill of a comeback. On Thursday, Bitcoin's price slightly rebounded to a high of 93150 before showing a strong downward trend, continuously dropping until it reached a low of 86281 around midnight. Ethereum also rebounded to a high of 3063 before facing pressure, gradually starting to decline, with the price dropping to a low of 2805 near midnight. During the day, Brother Sheng also made a three-short strategy for Bitcoin and Ethereum, accurately capturing the movements, with Bitcoin gaining a total of 4600 points and Ethereum gaining a total of 214 points.

According to the current market situation, from the daily chart perspective, the market is continuously hitting recent lows, and there is no obvious support level below. The bears are very strong, and the bulls are completely suppressed by the bears with no signs of recovery. It is highly likely that the downward trend will continue in the future. From the four-hour chart perspective, the Bollinger Bands are opening downwards, and the space below has been completely opened up. The bears are increasing in volume, showing a one-sided downward trend, and all key support levels below have been lost. Therefore, we anticipate the continuation of the bearish trend to reach new lows during midnight.

BTC: Can short around 87500, target at 85000.
ETH: Short near 2850, target at 27000 #逆势上涨币种推荐