The morning cryptocurrency prices are in a continuous downward trend, with prices falling from a peak of 83741 to around 81250, providing a space of over two thousand points. The downward trend remains unabated, and the market is performing as expected. We began positioning for short orders in the morning, easily capturing over a thousand points, directly securing 1.4w in gains. The market's trend is still firmly in our grasp, and its movement is straightforward. The strategy provided and real-time monitoring allow us to pinpoint exit points, making it very easy to secure our share. The market presents opportunities every day, and chances are constantly arising. Why aren't you the one who secures your share? You need to have a clear understanding of yourself; making a good choice is more important than anything else, rather than blindly exploring. Become a person who actively seeks change, and you will take a significant step forward on the path to success.
Analyzing from the daily chart, the Bollinger Bands are in a narrowing downward state, with the daytime failing to exhibit a strong unilateral movement, causing price to start to contract and oscillate. Although a strong bullish candle was formed yesterday, the prices did not manage to break upwards, instead showing a slow downward trend. As prices continue to slide, without strong external forces to push them, the space for further price increases is extremely limited. Switching to the four-hour level, the market has seen consecutive bearish candles, oscillating downward. The overall market structure has not undergone a significant change, and the downward trend remains strong. Observing at the one-hour level, the market quickly descended below the middle track of the Bollinger Bands with three consecutive bearish candles. After a brief consolidation, the bearish momentum re-emerged, pushing prices further down. Currently, the market's bearish trend is evident and highly persistent, with no signs of a counterattack from the bulls in the short term. In the afternoon, we will maintain a bearish outlook.
Bitcoin: 81800-82300 short, target around 80000
Ethereum: 1900-1930 short, target around 1820

