#BTC Evening Strategy for 12.6

BTC/ETH have continued their choppy downward trend recently. Our two consecutive short positions from yesterday, entered at higher levels, have delivered considerable profit as prices dropped! However, the strength of the afternoon’s long position rebound was relatively weak, indicating the current trend remains soft. The core approach is still to follow the bearish trend and prioritize short positions.

Core Trend Analysis
• Candlestick Patterns: The downtrend is clear, with consecutive bearish candles and lower highs. During the retracement after the previous surge, rebound momentum was weak, and the market remains in a corrective phase overall.
• Technical Indicators: On the 4-hour timeframe, the MACD histogram remains negative, and both the fast and slow lines are diverging downward, showing a clear bearish advantage.

Evening Trading Suggestions
1. BTC: Short within the 89,600-90,000 range, target around 88,000. If it breaks below, continue to look lower.
2. ETH: Short within the 3,030-3,050 range, target around 2,960. If it breaks below, continue to look lower.

Don’t hesitate in trending markets—follow the rhythm to capture profitable points! Remember to use risk controls when trading. If you have any questions, feel free to reach out to Chi Li for discussion~