Wednesday Morning - Jingyi's Operational Analysis



BTC maintained a high-level range-bound oscillation pattern in the evening session, with continuously shrinking trading volume. Capital follow-through strength is gradually weakening, with main force showing signs of gradual distribution at high levels.

Combined with the Thursday early morning Federal Reserve rate decision market pattern, the chart is likely to see a trend of initial long liquidation followed by volume-driven selling. This downward cycle has the probability of breaking the previous low, with significant profit-loss ratio advantages and relatively high trading value.

Operational Suggestions

BTC: Establish short positions in the 743-758 range, with targets at 734-715. If broken through, watch the 70,000 level.

ETH: Establish short positions in the 2335-2370 range, with targets at 2300-2240. If broken through, watch down to 2080.

The above are personal views for reference only. Specific operations should be primarily based on technical analysis. #Gate广场AI测评官
BTC-0,26%
ETH0,47%
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