2.13 Midday Analysis: Rebound is a Shorting Opportunity
The four-hour price is trading below MA144 and MA169, with medium to long-term moving averages forming clear resistance. Short-term rebound potential is limited. The MACD indicator shows DIF and DEA both in negative territory, with green bars slightly expanding. The momentum remains advantageous for bears. The KDJ indicator is hovering at low levels, and no clear golden cross signal has appeared yet, indicating insufficient rebound strength.
Trading Suggestions
Short on Bitcoin rebound in the 67,300-67,700 range, target 65,000-65,500 Short on Ethereum in the 1,970-1,980 range, target 1,900-1,880
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2.13 Midday Analysis: Rebound is a Shorting Opportunity
The four-hour price is trading below MA144 and MA169, with medium to long-term moving averages forming clear resistance. Short-term rebound potential is limited. The MACD indicator shows DIF and DEA both in negative territory, with green bars slightly expanding. The momentum remains advantageous for bears. The KDJ indicator is hovering at low levels, and no clear golden cross signal has appeared yet, indicating insufficient rebound strength.
Trading Suggestions
Short on Bitcoin rebound in the 67,300-67,700 range, target 65,000-65,500
Short on Ethereum in the 1,970-1,980 range, target 1,900-1,880