Wednesday Morning Jingyiyi Operational Analysis

BTC dropped below 69,000 in the early morning and quickly recovered, rebounding to around 70,500 with oscillation. The price action is similar to yesterday; ETH pulled back to 2,100 where it found support and rebounded. Currently consolidating in the 2,160 range.

From the current chart perspective, the daily line shows a doji formation with strong support below and continued pressure above. The bulls lack sufficient momentum, with short-term price action characterized mainly by oscillation. On the 4-hour level, BTC bounced off a spike down at 69,000, but the key resistance above remains unbroken. The market remains under pressure intraday, with operations biased toward shorting.

Operational Suggestions

BTC: Set up shorts in the 713,000-71,000 range, targeting 70,000-69,000-68,000
ETH: Set up shorts in the 2,170-2,200 range, targeting 2,100-2,140-2,050

The above represents personal views for reference only. Actual operations should primarily follow official analysis.

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