chart analysis and trading strategy



The current market data shows that both rises and falls are accompanied by pullbacks and rebounds, lacking a definitive one-sided trend. It is difficult to force a one-sided market, and seizing the opportunity of pullbacks during rebounds remains the main strategy moving forward.

From a 4H level perspective:

- The Bitcoin has tested the support near the middle band of the Bollinger Bands multiple times, failing to form an effective rebound, and the strength of the support continues to weaken.
- The overall market maintains a weak trend, with both short-term and trend indicators showing a slightly weak oscillating pattern. If subsequent high points are difficult to break and the middle track is lost, the adjustment range may deepen.

Trading suggestions:

- Bitcoin: Short at 108000-108300, target focus on 107000.
- Ethereum: Short at 2460, target focus on 2380-2420.
H-0.86%
BTC-0.48%
ETH3.74%
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