Liang Qiu: The bearish outlook for Bitcoin/Ethereum at 11.27 remains unchanged.
Bitcoin/Ethereum has been consolidating sideways for a day, with some upward movement in the evening, but the strength is not strong. The trend has seen multiple highs followed by declines, and the daily high points are continually moving lower, indicating a trend towards ending the rise that has lasted for several days. The gains we have achieved since entering the market from the bottom are evident, but the failure to break the high point during the early hours last night has led us to decide to shift our strategy to short positions at higher levels. We have been gradually entering short positions multiple times around 87800 and 2960 since the morning. In the evening, we also reminded to continue shorting at 87300-87600 and 2930-2940. Currently, the market has risen, and such rises are not concerning. The 8-hour Bollinger Bands are turning down, and the market is about to reach this position under pressure, which is close to the recent high point. Our strategy for shorting at high points remains unchanged.
Continue to hold the long position patiently in the early morning or enter short at the current price of 87800 and 2955, targeting around 86000 and 2860. The post is actionable, and specifics should be based on real-time data. #Gate广场圣诞送温暖 #非农数据超预期 #反弹币种推荐 #加密市场回暖
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Liang Qiu: The bearish outlook for Bitcoin/Ethereum at 11.27 remains unchanged.
Bitcoin/Ethereum has been consolidating sideways for a day, with some upward movement in the evening, but the strength is not strong. The trend has seen multiple highs followed by declines, and the daily high points are continually moving lower, indicating a trend towards ending the rise that has lasted for several days. The gains we have achieved since entering the market from the bottom are evident, but the failure to break the high point during the early hours last night has led us to decide to shift our strategy to short positions at higher levels. We have been gradually entering short positions multiple times around 87800 and 2960 since the morning. In the evening, we also reminded to continue shorting at 87300-87600 and 2930-2940. Currently, the market has risen, and such rises are not concerning. The 8-hour Bollinger Bands are turning down, and the market is about to reach this position under pressure, which is close to the recent high point. Our strategy for shorting at high points remains unchanged.
Continue to hold the long position patiently in the early morning or enter short at the current price of 87800 and 2955, targeting around 86000 and 2860. The post is actionable, and specifics should be based on real-time data.
#Gate广场圣诞送温暖 #非农数据超预期 #反弹币种推荐 #加密市场回暖