Trading Philosophy: Look for trends in the long term, find entry points in the short term;
Technical Analysis: For Bitcoin, the daily candlestick closed as a bullish candle near 118700, the Bollinger Bands continue to narrow upwards, the MACD moving average continues to trend downwards, bearish volume continues to increase, and the KDJ remains flat. On the 4-hour chart, the Bollinger Bands continue to run flat, the MACD moving average has started to trend downwards, bearish volume is beginning to increase, and the KDJ line is trending downwards;
For Ethereum, the daily candlestick closed as a bearish candle near 36270, the Bollinger Bands continue to open upwards, the MACD moving average has started to trend downwards, bullish volume continues to decrease, and the KDJ line has started to trend downwards. On the 4-hour chart, the Bollinger Bands have started to open downwards, the MACD moving average continues to trend downwards, bearish volume continues to increase, and the KDJ line has started to trend upwards;
Currently, the bullish market has come to a temporary halt, and the short position strategy laid out yesterday has been successfully validated. It is recommended to continue shorting at high levels to look for a pullback!
Operational Advice: Short at high levels to look for a pullback!
Short Bitcoin at 118500-119000, target 117000-116000, stop loss at 120500;
Short Ethereum at 3650-3680, target 3600-3550, stop loss at 3720;
The strategy is time-sensitive, please refer to private real-time guidance for specifics!
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