The rebound after BTC touched 83300 is weak, indicating that the current decline is not a short-term emotional release, but a trend downward. Bears are still dominating the market, and intraday operations are recommended to continue to be short on rallies after the rebound.
From the technical structure point of view, the short pattern is clear. The daily level of large volume long yin entities fell below the lower band, and all indicators ran downward synchronously, with significant downward trends. The four-hour trend showed a continuous gap decline, and the lower space was further opened. Whether from the perspective of trend, pattern or market environment, bears are taking the initiative, and the operation should maintain a homeopathic idea.
Operation suggestions: BTC is short in the range of 85000-85300, with a target of 82800 ETH is short in the 2840-2860 range, with a target of 2700
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1.30 Friday morning BTC analysis
The rebound after BTC touched 83300 is weak, indicating that the current decline is not a short-term emotional release, but a trend downward. Bears are still dominating the market, and intraday operations are recommended to continue to be short on rallies after the rebound.
From the technical structure point of view, the short pattern is clear. The daily level of large volume long yin entities fell below the lower band, and all indicators ran downward synchronously, with significant downward trends. The four-hour trend showed a continuous gap decline, and the lower space was further opened. Whether from the perspective of trend, pattern or market environment, bears are taking the initiative, and the operation should maintain a homeopathic idea.
Operation suggestions:
BTC is short in the range of 85000-85300, with a target of 82800
ETH is short in the 2840-2860 range, with a target of 2700