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Wednesday Late Night Jingyi Operation Analysis
Late night and quiet, any friends still awake? Evening analysis: From the 4-hour timeframe, the rebound is facing resistance at the Bollinger middle band and pulling back. The Bollinger Bands are opening downward with a confirmed downtrend structure, and the rebound failed to break through effectively. Short-term moving averages are in a bearish death cross with descending alignment, creating strong downward pressure on price. After the high-level death cross, the downtrend continues, indicators entering a weak zone with insufficient bullish momentum. The market is dominated by bearish sentiment.
Operation Suggestions
BTC: Short in the 71300–71700 range, target 69800
ETH: Short in the 2180–2200 range, target 2070
Get proper sleep early, avoid staying up late, cherish your health. The above are personal views for reference only.
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