The daily level market recorded three consecutive small bearish candles before facing a significant bearish drop, with prices approaching the lower Bollinger Band. The downward wave pattern continues; although the bearish candles have certain lower shadows, the daily candle closing in the red is confirmed. The previous rebound correction has ended, and there is a high probability of a secondary downward test of the lower support. After two consecutive bearish candles on the four-hour level, there is a weak rebound; the bullish momentum is insufficient to make up for the previous decline. The slight warming is merely a technical correction within a downward trend, and the indicators are still diverging downward, with the bearish trend unchanged. Midnight operations focus on shorting at the rebound high points.
BTC short in the 85000-85500 range, target 83000 ETH short in the 2760-2780 range, target 2600
Today the market welcomes a unilateral downward waterfall trend. Bitcoin briefly consolidated in the previous fluctuation range before suddenly breaking down, hitting a low of 87386. Ethereum also fell in sync, with the low point reaching 2717. The previous high fluctuation range has been effectively broken, and has now transformed into a key resistance area above. The Zhuowei trading team accurately predicted the market trend and set up short positions in advance the previous night, entering Bitcoin at 91800 and Ethereum at 3046, successfully capturing a profit space of 2901 points for Bitcoin and 128 points for Ethereum; in the morning, they followed up with short positions, gaining another 1852 points for Bitcoin and 67 points for Ethereum. Trading in the cryptocurrency market is a long-term game; short-term minor losses are normal, and there is no need to be anxious about temporary gains and losses. As the subsequent market volatility intensifies, profit opportunities will also expand simultaneously; maintaining a positive mindset will allow one to seize opportunities.
From a technical perspective, after the previous three consecutive small bearish candles tested the middle track on the daily level, there are significant signs of pressure. The K-line has been continuously declining with long upper shadows, approaching the lower track of the Bollinger Bands. Currently, it is testing support at the previous starting point, and the support strength in this range is considerable, which will provide directional anchor points for the subsequent market trend. On the four-hour level, the K-line has broken through the lower track of the Bollinger Bands, with a strong continuation of the bearish trend, continuously driving the market to deepen its decline. The short-term rebound is merely a technical correction after the breakdown. It is recommended to set up short positions based on the rebound.
Bitcoin short in the range of 85000-85500, target looking at 83000. Ethereum short in the range of 2750-2780, target pointing to 2650. #加密市场回调 $ETH
The volatility in the market has come to an end, and the bears are exerting strong pressure, with a rapid downward trend. The Zhuowei trading team’s bearish outlook has perfectly materialized, and partners who followed up with short positions have reaped substantial rewards. In actual trading, short positions were laid out in advance last night: Bitcoin entered at 91800, taking profits at 89000, earning 2800 points; Ethereum entered at 3046, earning 128 points. The importance of advance positioning is highlighted, and those who have followed can choose to take profits and exit.
The current market continues to decline and retrace, with strong bearish momentum. The support at the Bitcoin 90000 level has been broken, opening up downward space. The operational thought remains bearish, taking short positions on rebounds. The hourly chart shows that the candlestick has broken below the lower support, and the market continues to decline. Future short positions should focus on support and targets: Bitcoin focuses on the 88000 support, with a target of 87000; for Ethereum, pay attention to the 2850 support, with a target of 2850, seizing profits in line with the trend. #加密市场反弹 $ETH
As time flows, January quietly comes to an end. This month, the market has faced a severe downward adjustment, with a waterfall-style decline occurring consecutively. The market is rife with chaos due to intensive washing actions, with Bitcoin hitting a low of 80600 and Ethereum dropping to a low of 2618. This wave of retreat had long been signaled, as the breaking of the key level of 10 earlier was a clear warning. This week's market focuses on rebound repair, with fierce competition between bulls and bears, and fluctuating trends repeatedly staged. In actual trading, a total of 18 positions were laid out, with Bitcoin achieving a profit margin of 13418 points, and Ethereum securing a profit of 421 points. This situation is indeed the norm in the crypto world. The market repair phase is precisely a good opportunity for layout; with accurate early planning, one can often lead the subsequent profit rhythm.
Currently, the fluctuating repair market continues, and the direction of bulls and bears is not yet clear, but signs of a bearish start have gradually emerged. Before the interest rate cut in December, the market will likely experience slight washing. From a technical perspective, after the rebound of Bitcoin on the monthly line, the support of the mid-band of the Bollinger Bands has failed, and the short-term repair is nearing its end, with the downtrend continuing to strengthen; after breaking the weekly line, it rebounded near the lower band, with the MACD death cross pattern continuing, and bearish momentum is continuously increasing.
In terms of operation strategy, the main focus is on placing short orders at high levels during the rebound. Bitcoin's target looks down to 87000, and after breaking through, it can look towards 80000. Ethereum's target looks down to 2850, and after breaking through, it aims for 2600. #币安HODLer空投AT $BTC
$ETH Ethereum 1-hour K-line shows that the price rose to 3099.0 and then fell back, currently oscillating around 3030.62. The middle band of the Bollinger Bands at 3031.57 forms a key short-term level, with the upper band at 3079.63 acting as resistance, and the lower band at 2983.52 forming support along with the previous low of 2983.81. Currently, bulls and bears are competing in the 3000-3030 range. If the price stabilizes at the middle band, it may attempt to break through the resistance upwards; if it breaks below the support, there is a risk of further declines.
$BTC Bitcoin today exhibited a high and low pattern on the 1-hour K-line chart, briefly touching a high of 93080.0, and then quickly dipping to around 90296.9, testing the support strength of the 90000 integer level. From a technical perspective, the Bollinger Bands are expanding, the price has broken below the middle band, and bearish momentum dominates the market, with clear resistance at 92387.3 above. Currently, the market is near the previous rising area, and the effectiveness of the 90000 support line will determine the subsequent trend; if this position is lost, the price may further decline; if it stabilizes, a rebound may occur. #币安HODLer空投AT
$BTC The 1-hour K-line chart of Bitcoin presents a clear M-top reversal pattern. It has reached near 91800 twice but faced pressure and retreated, with the intermediate low point at 90700 forming neck-line support.
The volume on the second peak is less than that of the first, indicating a weakening of bullish momentum, thereby validating the effectiveness of the M-top pattern. At the same time, the MACD indicator has shown a top divergence, with the fast and slow lines crossing downwards at high levels and continuing to decline, while the green bars below the zero line gradually increase, further reinforcing the bearish trend.
The current price is approaching the neck-line support level. If it breaks below and stabilizes effectively, the M-top pattern will be fully confirmed, indicating a high probability of a phase of decline in the market. In terms of operations, caution should be exercised regarding the risk of waning bullish momentum, and one can lay out short positions based on the pattern signals, while strictly controlling the position to respond to trend reversals.