#数字资产市场动态 Bitcoin surged to around 88,500 early this morning and then retraced to approximately 86,800 as expected. Ethereum also faced pressure simultaneously, and the previously positioned high-altitude longs have already taken profit!
From the four-hour K-line chart, Bitcoin broke through the middle band of the Bollinger Bands but was immediately pressured after touching the upper band, indicating a clear resistance level at the upper band. Although the 86,100 level provided short-term support, the current rebound is almost exhausted. Technical bearish signals are becoming stronger—once it breaks below the middle Bollinger Band, the price is likely to continue exploring the support zone of the lower band. The subsequent strategy remains to maintain a high-altitude short position.
Specific trading strategy: $BTC Continue shorting around 89,500-90,300, with the first downside target at the 87,300-86,500 range. If support here fails, then look towards 85,000. When $ETH rebounds to around 2,990-3,030, start setting up short positions. Support levels to watch below are 2,910 and 2,780.
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RektButSmiling
· 5h ago
Haha, got caught again. Why do I always buy in at the high point?
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LiquidationAlert
· 5h ago
Another sell-off expectation. Can the 86,800 level really hold firm?
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SmartContractDiver
· 5h ago
Got caught again, this rebound really sucks.
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MEVSupportGroup
· 6h ago
Here we go again, a rebound is an opportunity, right?
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GweiObserver
· 6h ago
Hmm, high altitude and harvesting leeks again. I can see through this trick with my eyes closed.
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TommyTeacher
· 6h ago
This wave at high altitude has really hit the mark; the 86,800 level indeed leaves little suspense. The next step is to see if we can hold the 86,100 level, which seems quite challenging.
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MetaMuskRat
· 6h ago
Damn, it's crashing again? I should have gone long earlier.
#数字资产市场动态 Bitcoin surged to around 88,500 early this morning and then retraced to approximately 86,800 as expected. Ethereum also faced pressure simultaneously, and the previously positioned high-altitude longs have already taken profit!
From the four-hour K-line chart, Bitcoin broke through the middle band of the Bollinger Bands but was immediately pressured after touching the upper band, indicating a clear resistance level at the upper band. Although the 86,100 level provided short-term support, the current rebound is almost exhausted. Technical bearish signals are becoming stronger—once it breaks below the middle Bollinger Band, the price is likely to continue exploring the support zone of the lower band. The subsequent strategy remains to maintain a high-altitude short position.
Specific trading strategy: $BTC Continue shorting around 89,500-90,300, with the first downside target at the 87,300-86,500 range. If support here fails, then look towards 85,000. When $ETH rebounds to around 2,990-3,030, start setting up short positions. Support levels to watch below are 2,910 and 2,780.