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4.3 Friday Afternoon Bitcoin and Ethereum Latest Ideas and Operations
Capture market fluctuations, precisely seize opportunities, use small capital to leverage large wealth. Don't hesitate anymore—enter now and start your own wealth legend. Looking back to this morning, Bitcoin experienced slight fluctuations, moving from around 67,000 down to a low of 66,240 before rebounding. Ethereum followed suit, dropping from near the 2,070 high to a low of 2,038, currently hovering around 2,050.
From the current market chart, the four-hour timeframe shows a continuous downward trend with consecutive bearish candles, with the price running below the Bollinger lower band. The middle band acts as a clear resistance, indicating an overall downward trend. On the one-hour chart, the MACD has repeatedly formed death crosses below the zero line, with green bars fluctuating in size—rebounding with no volume, declining with increasing volume. The candlestick patterns show that each rebound is quickly suppressed, forming a small top divergence, with highs unable to break previous highs and lows continuously breaking downward. In the afternoon, Old Ma still suggests a high shorting strategy.
Friday Afternoon Strategy:
Bitcoin: Short around 66,900, target 65,900
Ethereum: Short around 2,080, target 1,980