Currently, the price is moving within a clearly identifiable oscillation range, and has yet to achieve an effective breakout. From a short-term momentum perspective, whenever the price approaches the upper boundary of the range, buying momentum shows obvious exhaustion, and selling pressure emerges. Under this pattern, trading should strictly adhere to the principle of "not being aggressive before a breakout," and maintain a wait-and-see attitude.
Trading recommendation: mainly short positions
When Bitcoin rebounds to around 93,800-94,600, short; target lower at 91,800-90,600.
When ETH rebounds to around 3,280-3,320, short; target lower at 3,160-3,080!
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Currently, the price is moving within a clearly identifiable oscillation range, and has yet to achieve an effective breakout. From a short-term momentum perspective, whenever the price approaches the upper boundary of the range, buying momentum shows obvious exhaustion, and selling pressure emerges. Under this pattern, trading should strictly adhere to the principle of "not being aggressive before a breakout," and maintain a wait-and-see attitude.
Trading recommendation: mainly short positions
When Bitcoin rebounds to around 93,800-94,600, short; target lower at 91,800-90,600.
When ETH rebounds to around 3,280-3,320, short; target lower at 3,160-3,080!