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Bitcoin released emotions overnight, touching resistance at the 73866 level and currently correcting to around 70800. Our two shorts from yesterday perfectly hit target, totaling 3500➕180 points.
From the 1-hour chart, k-lines are pressured by the upper Bollinger Band, breaking below the middle band with the Bollinger Band opening wide. MA5 and MA10 show a death cross.
From the 4-hour chart, k-lines show three consecutive bearish candles pulling back to the middle Bollinger Band with the band contracting. Momentum histogram contracting on volume.
Tomorrow morning: Bitcoin around 71000-71500 to short, targeting 70000-69000
Tomorrow morning: ETH around 2110-2130 to short, targeting 2060-2030
$BTC $ETH