The overall market volatility range of Bitcoin/Ether in recent days has been quite good, and I believe that friends who follow the trend can achieve a decent space overall. Currently, the market has repeatedly surged and then dropped, with obvious selling pressure above. The long orders we positioned for during the dips have also been validated as expected. However, the repeated surges failing to break the high point also indicates the release of the long positions trend during the sideways oscillation process, and we need to be flexible in responding to trend changes.

In the recent 4-hour cycle of K-line patterns, the price has been continuously retreating from the high point, forming a long upper shadow, indicating strong selling pressure above. From a daily perspective, after a significant rise in the previous period, the market has experienced two consecutive days of sideways adjustment, with the current K-line showing a small bearish line, suggesting that the market is in a consolidation phase. In terms of technical indicators within the 4-hour cycle, both DIF and DEA are above the zero axis, but the MACD histogram is shortening, and momentum is weakening, which may lead to a state of adjustment or consolidation. Currently, the 4-hour and 8-hour charts are showing a bearish retreat, and if the low point from last night is tested again, the upward trend may shift from strong to weak.

Evening trading advice: Short Bitcoin near 87300 to 87600, target around 85300; Short Ether near 2930 to 2940, target around 2860, and if it breaks, can continue looking down.


[The above analysis and strategies are for reference only. Please bear the risks. The article's review and publication do not guarantee timeliness; specific details are subject to real-time updates.]
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