Tuesday Morning Jing Yi Trading Strategy Analysis



Last night, the market was dominated by bears, with BTC facing resistance around 681 and pulling back, forming an inverted V-shape. Currently, it has retraced to the 66200 level. The bearish outlook aligns with this.

From the current market situation, a clear downward structure is evident, with weak rebound strength, indicating a phase of consolidation and preparation for further decline. On the 4-hour chart, the price broke below the middle Bollinger Band and remains under pressure; this level has now become a strong resistance, making rebounds unlikely to reverse the bearish trend. On the 15-minute chart, the rebound stalled near the middle band, MACD remains below the zero line, and volume is insufficient, indicating only technical correction.

Trading Recommendations
BTC: Short in the 670-675 range, target 662-655, long-term 638
ETH: Short in the 2030-2070 range, target 2000-1970, long-term 1800

These are personal opinions and for reference only. Please follow #Gate金手指 for specific operations.
BTC1,32%
ETH2,22%
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