Good morning everyone, I just finished the live broadcast. As soon as I got off the air, I came to update you on the early market trading strategy. I can only say that such dedication is quite rare. During the live broadcast, I repeatedly mentioned the reason for the 90,000 mark, and I believe that friends who have been following my ideas have a certain understanding of it, because this 90,000 mark is a lifeline in the short term.
It is quite clear that on the hourly level, it is very difficult for the price to break through the pressure at 90,000. As soon as it touches the middle track of the Bollinger Bands, which is the resistance level at 90,000, it will lead to a pullback, so this trend is very obvious. On the four-hour level, the price is currently in a state of narrow fluctuations. The upper support and lower pressure are quite clear, and the price is currently at a high point in the range, so our morning strategy is still mainly bearish. #BTC #ETH
Bitcoin can be shorted around 90,000-89,800, looking at 87,000.
Ethereum can be shorted around 3,000-2,980, looking at 2,900.
It is quite clear that on the hourly level, it is very difficult for the price to break through the pressure at 90,000. As soon as it touches the middle track of the Bollinger Bands, which is the resistance level at 90,000, it will lead to a pullback, so this trend is very obvious. On the four-hour level, the price is currently in a state of narrow fluctuations. The upper support and lower pressure are quite clear, and the price is currently at a high point in the range, so our morning strategy is still mainly bearish. #BTC #ETH
Bitcoin can be shorted around 90,000-89,800, looking at 87,000.
Ethereum can be shorted around 3,000-2,980, looking at 2,900.
