Liangqiu: 11.26 Bitcoin/Ether evening trading strategy with market analysis

The overall market fluctuation range of Bitcoin/Ethereum in the past few days has been quite good, and friends who keep up with the ideas can generally secure a good space. Currently, the market has repeatedly surged and then retreated, with obvious selling pressure above. The low-position longs we placed in the early stages have also been verified as expected. However, the repeated surges failing to break the high points also signify a release of the bullish trend during the sideways oscillation process, and a trend change requires flexible responses.

In the recent 4-hour period of the K-line pattern, the price has continuously retreated from the high point, forming a long upper shadow, indicating strong selling pressure above. On the daily chart, after a significant rise, there have been two consecutive days of fluctuating adjustments, and the current K-line shows a small bearish candle, suggesting that the market is in a consolidation phase. In terms of technical indicators on the 4-hour chart, both the DIF and DEA are above the zero axis, but the MACD histogram is shortening, and the momentum is weakening, indicating a possible shift into an adjustment or consolidation state. Currently, the 4-hour and 8-hour charts show a bearish retreat, and another test of last night's low point may result in a shift from a strong upward trend to a weak one.

Evening trading advice: Short Bitcoin around 87300 to 87600, target around 85300; Short Ether around 2930 to 2940, target around 2860, if broken can continue to look down.


[The above analysis and strategies are for reference only, please bear the risks yourself. The article review and publication do not have timeliness, and the specifics are subject to real-time updates.]
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