Wednesday daytime BTC/ETH latest thoughts

Last night, our empty Dan thinking has gone through two rounds in the stone plate, and the 88000 big barrier has not been able to effectively break through, which is also reasonable. In the early morning, it tested the key support at 86000 three times, but did not form an entity break; it only briefly touched with a pin bar shape and quickly rebounded, closing with a long lower shadow, and the low points continued to rise, indicating strong support below and a short-term demand for a corrective rebound.

However, it should be noted that the four-hour and daily levels have not yet escaped the weak structure, and the moving average system shows a bearish arrangement. Overall momentum has not yet shown a reversal signal. Currently, it is essentially still in a consolidation phase dominated by bears, and the strength of any rebound may be limited by upper pressure levels, so excessive optimism is not advisable.

BTC: Short at 88200-89200, first look at 86000, then look at 85000.
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ETH: 2970-3010 short, first look at 2860, then look at 2770.

Personal opinion, for reference only, not investment advice!
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