From the daily chart perspective, the price has broken below the middle band of the Bollinger Bands and is currently trading below the middle band. The MA moving averages are clearly in a bearish alignment, and the MACD indicator is operating below the zero line. All signs indicate that the overall trend is weak and downward.



On the 4-hour chart, the price found brief support near the lower band of the Bollinger Bands. Although the MACD green bars have shortened, a clear bullish crossover has not yet formed. The KDJ indicator is in a low, sluggish state, indicating that the current market is a weak rebound after an oversold condition.

Overall, the market shows a major bearish trend, but in the short term, it is in a contradictory oversold rebound. Therefore, it is recommended to adopt a strategy of shorting on rallies.

Bitcoin: Short near 67,500-68,100, with targets at 66,200 and 65,000.

Altcoin: Short near 2,080-2,120, with targets at 2,000 and 1,920.
BTC0,77%
GT-1,07%
ETH0,71%
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Hello,PeaceAndGoodFortuneTovip
· 2h ago
Just go for it 👊
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Hello,PeaceAndGoodFortuneTovip
· 2h ago
+Seagull🔥🔥🔥
4571
954🔥🔥🔥
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