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Evening Thoughts
From the current market situation, the four-hour chart still shows a high-level consolidation with a oscillating downward structure.
The rebound also shows some lower shadow lines, indicating that the current support structure is relatively strong.
The rebound力度 has been somewhat hindered, but after bottoming out, it has not shown further upward movement.
Currently, it is still under pressure at the 71,000 level, with indicators showing a high-level sticky MACD with a death cross risk, and the KDJ three-line death cross has already formed.
The market is now in a sideways consolidation, showing a weak correction method.
After accumulation, patience is needed, waiting for the bears to increase volume.
In terms of operation, continue to focus on high short positions.
Operation Suggestions:
Around 72,000 for Bitcoin, targeting around 70,500.
Around 2,220 for Ethereum, targeting around 2,140.
Three lines+
Btc244930
Gen Dan
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Gen Dan
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