Buoyed by previous news sentiment, tonight's cryptocurrency price once again continued the previous retracement trend, with the low point once testing below 74,000. The current retracement trend has not yet ended, and the continuous decline has triggered a series of market panic sell-offs. Recently, I have been busy with live trading students and haven't been able to update friends on ideas and strategies in a timely manner. Apologies for that. Moving forward, we will continue with the previous rhythm. The recent market fluctuations are quite large, which also indicates good market opportunities. Friends whose recent operations haven't been ideal can directly follow Zhiyu's rhythm. There will be a final round of live trading student recruitment before the end of the year, with limited spots available. Interested parties should act quickly.

Looking at the four-hour chart of Bitcoin, after continuous dips, there was a certain rebound and correction, followed by another large bearish candle dropping rapidly. The four-hour chart again shows strong oversold conditions, and repeated attempts to break through the middle band have failed. From the trend of Bollinger Bands continuously moving downward, the price still has a further downward trend. In the short-term hourly chart, after three consecutive bearish candles and rapid decline, there was a rebound and correction, but market panic sell-offs have already formed. The current rebound is just a technical correction after a significant retracement. The Bollinger Bands are expanding rapidly, and the MACD histogram is also continuously decreasing. Therefore, we should continue to maintain a bearish outlook for the future.
For Bitcoin, shorting around 75,500 and watching at 74,000. For Ethereum, short around 2,250 and watch at 2,100. #Strategy比特币持仓转为亏损 #白宫加密会议 #机构持仓策略分歧