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4.1 Wednesday Afternoon Bitcoin and Ethereum Latest Ideas and Operations
Don't hesitate anymore—jump into the crypto contract market, experience the adrenaline rush, turn your dreams into reality, and achieve rapid wealth growth! The morning session saw Bitcoin continue its wide-range fluctuation, with a low of around 67,578 before rebounding above 69,310. After spiking near 69,000 in the early hours, the market entered a narrow range with a small overall retracement, but the upward momentum has slowed down. Ethereum dipped to a low of 2,082 and then strongly rebounded, stopping at a high of 2,158.
Based on the current market situation, the afternoon trend continues to fluctuate widely, and a bearish opportunity is brewing. After an early surge, the momentum weakened, and resistance above is effective. The four-hour chart shows a slight bearish candle correction; although new highs were made, the closing price retreated, indicating a typical sign of upward momentum exhaustion. In the afternoon, I lean toward a rebound encountering resistance and falling back, and I will suggest a high shorting strategy.
Wednesday Afternoon Strategy:
Bitcoin: Short around 69,400, target 68,000
Ethereum: Short around 2,160, target 2,080