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The financial market is changing rapidly, and only those who have insight into the opportunities can seize them. Currently, the Crypto Assets market is at a critical moment, and investors need to closely follow the market trends.
From a technical analysis perspective, the recent trends of Bitcoin and Ethereum show a clear downward trend. The four-hour candlestick chart indicates that two consecutive bearish candles have broken through the middle band of the Bollinger Bands, suggesting that bearish momentum is strengthening. Various technical indicators are also showing a downward trend, indicating that the overall market has entered a bear-dominated phase.
Further observing the hourly level trend, it can be found that the price has strongly broken below the lower band of the Bollinger Bands, and the middle band of the Bollinger Bands also shows a downward trend. The MACD indicator has formed a death cross with its two lines and has entered the negative zone. At the same time, the J value in the KDJ indicator is already in the oversold area, which means that a technical rebound may occur in the short term.
Based on the current market situation, investors may consider adopting a high-position short-selling strategy after a rebound. Specific operational suggestions are as follows: Bitcoin can be considered for short-selling around $111,500, with a target price of $109,000; Ethereum can seek short-selling opportunities around $4,300, with a target price of $4,200.
However, it is important to emphasize that the Crypto Assets market is highly volatile and carries significant risks. Investors should conduct comprehensive market analysis before making any decisions and operate cautiously based on their own risk tolerance. At the same time, they should closely follow market changes and adjust their strategies in a timely manner to respond to potential sudden market movements.