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Analysis and Operational Suggestions for Deer Star 8.3 Morning Thoughts
The current market is dominated by bearish forces, and the price on the daily chart
Always located below the middle band of the Bollinger Bands, after the MACD indicator shows a death cross, the green energy bars continue to strengthen, indicating that bearish momentum is accelerating.
From the 4-hour level, there is a clear downward trend, with each rebound being strongly suppressed by the moving averages above. Additionally, the trading volume increases during the decline, further confirming that the bears are in control. It is recommended to follow the trend and short.
Operation suggestion:
The pancake is hovering around 113200-113800, with a target looking towards 111000;
The concubine is hovering around 3420-3440, targeting 3350. #加密总市值破4万亿美元#