Thursday Midnight Jingyi Operation Analysis

Follow the trend to profit, go against the trend to lose, BTC and ETH continue the one-sided bearish trend. On the 1-hour level, the Bollinger bands open downward, price moves along the lower rail, the middle rail and upper rail sync downward forming strong suppression; moving averages show bearish arrangement, rebound momentum is lacking, downtrend is clear. The core operation strategy focuses on shorting on rallies, avoid blindly buying the dip.

BTC has pulled back from the high of 74248 to 68755, ETH synced down from 2332.98 to 2098.02. Although the current price has stabilized slightly, the trend has not reversed, bearish momentum is still releasing.

Operation Suggestions

BTC: Short in the 698–705 range, target 685–676

ETH: Short in the 2125–2160 range, target 2080–2000

The above is personal opinion for reference only. Specific operations are led by Shipan.

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