The tide of wealth never waits for the hesitant. Every fluctuation is the horn of opportunity. You are only one decisive decision away from success. Follow the trend and seize the next wave of explosion. Don’t hesitate; action is the key to winning the future. The Bitcoin market did not move out of a larger range at midnight yesterday, with prices maintaining a small range of fluctuations. The market first retreated to a low point of 110844 before stopping, then giving a slight rebound, reaching a maximum price of 111445 in the morning. The Ethereum market is similar, with prices declining to a low point of 4271 at midnight before rebounding back. The current price has rebounded to a high point of 4336.

According to the current market situation, the daily level shows that after experiencing three consecutive bearish candles, the bulls have made a slight rebound, bringing the price closer to the middle band of the Bollinger Bands. However, the middle band of the Bollinger Bands maintains a certain level of pressure, preventing the bulls' rebound from breaking through it. Additionally, as the Bollinger Bands gradually narrow downwards, the overall trend still favors the bears. From the four-hour level, the market is gradually rebounding and breaking through the middle band of the Bollinger Bands. The bullish momentum is currently strong, but the KDJ indicator shows that both the K and J values of the three lines have entered the overbought zone and have also shown signs of turning down. Therefore, the probability of a market correction in the future has greatly increased. In the morning operations, we should first focus on the strength of this rebound and consider a high short strategy.

Short positions can be considered around 112000 for Bitcoin, with a short-term target of 110000, a medium-term target of 108000, and a long-term target of 106000.

Ethereum 4350-4370 area can be shorted, short-term target looks at 4250, medium-term looks at 4000, long-term looks at 3600#Gate Alpha晒单挑战 #Gate上线Ondo专区现货交易 #非农就业数据来袭 .