Bitcoin has now fallen below the lower Bollinger Band, with all three bands trending downwards, clearly indicating a bearish pattern. However, both KDJ and RSI have entered the oversold zone, so a technical rebound could happen at any time, but don’t expect it to reverse the overall trend.
Bitcoin trading strategy: Consider shorting in the range of 86700 to 87200, targeting 85500, and if you are aggressive, you can also aim for 84000.
Ethereum synchronization weakness: short selling opportunities around 2870-2920, with the initial target at 2770; if it breaks, then 2600.
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GreenCandleCollector
· 7h ago
Is it time to buy the dip again? I feel like the lower band of the Bollinger Bands is becoming more and more familiar.
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ProbablyNothing
· 7h ago
The Bollinger Bands have spread out, and with such deep oversold conditions, why isn't there a rebound? It feels like something is off.
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ShamedApeSeller
· 7h ago
Oversold is going to Rebound, this wave of short order needs to get the rhythm right, should we enter at 86700?
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Whale_Whisperer
· 7h ago
The short positions pattern is so obvious that there's really no suspense, just waiting to enter a position when the pullback comes.
I'll really start to get nervous if it breaks 84000, but it's still early now.
Ether is following the trend downwards, nothing spectacular.
When the pullback comes, don't chase the price, everyone, keep the risk under control.
Only if it breaks 85500 will it be a real test; right now, it's just a feint.
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StablecoinSkeptic
· 8h ago
Oversold and still dead empty, this wave of rebound is coming, no wonder anyone.
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ThatsNotARugPull
· 8h ago
It's the same talk about the lower band of the Bollinger Bands again. It feels like every time it's mentioned, there's talk of a bounce, but isn't it still just a continuous fall?
Can we really buy in at 84000? I feel it's unlikely.
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Degentleman
· 8h ago
Oversold again, can it bounce back this time? It feels like I'm always happy for nothing.
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TommyTeacher1
· 8h ago
The Bollinger Bands have all broken, and you still want to rebound. This time it really feels like it's going to fall through the bottom.
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Shorting at 86700 feels a bit precarious. I’d rather wait until 84000 to see if I can pick up some bargains.
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Ethereum's synchronous decline this time is really frustrating. If 2600 breaks, then there will be absolutely no room for imagination.
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Oversold is oversold, but this momentum doesn’t seem to want to give any chance for a rebound at all.
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Wait, those entering the market to short now are betting on a rebound, right? It feels a bit crazy.
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The RSI has hit the ceiling, and you still dare to continue shorting. What are you all betting on?
#数字货币市场回升 Afternoon Market Watching Notes:
Bitcoin has now fallen below the lower Bollinger Band, with all three bands trending downwards, clearly indicating a bearish pattern. However, both KDJ and RSI have entered the oversold zone, so a technical rebound could happen at any time, but don’t expect it to reverse the overall trend.
Bitcoin trading strategy: Consider shorting in the range of 86700 to 87200, targeting 85500, and if you are aggressive, you can also aim for 84000.
Ethereum synchronization weakness: short selling opportunities around 2870-2920, with the initial target at 2770; if it breaks, then 2600.
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