#美联储重启降息步伐 Last night, Bitcoin surged to 92,200 and encountered resistance, then retraced to around 89,600. On the daily chart, a high-position bearish candlestick appeared with a noticeable upper shadow. The key levels to watch going forward are whether 89,200 and 87,500 can hold. On the four-hour chart, after a volume spike at the top, volume decreased as the price fell back. After being suppressed by the upper band, a large bearish candlestick broke downward. 88,200 needs to be closely monitored. On the hourly chart, there have been five consecutive bearish candlesticks, with trading volume continuing to shrink.
Tuesday morning trading strategy:
Bitcoin can be shorted on rallies in the 90,500-91,000 range, with a target zone of 89,000-88,500 and a stop loss set above 91,500.
Ethereum can also be shorted on rallies around 3,120-3,140, with a target of 3,065-3,045 and a stop loss at 3,170.
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wrekt_but_learning
· 22h ago
Short orders are deployed and are waiting for harvest
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ZkSnarker
· 12-10 00:39
Hold the 89000 level, do not break below
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MerkleTreeHugger
· 12-08 16:50
Bearish momentum is building
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DaoTherapy
· 12-08 16:48
Pay attention to the breakout level at open
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NewPumpamentals
· 12-08 16:42
Here to get things done
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Tokenomics911
· 12-08 16:35
Sideways consolidation building a base, waiting for opportunities
#美联储重启降息步伐 Last night, Bitcoin surged to 92,200 and encountered resistance, then retraced to around 89,600. On the daily chart, a high-position bearish candlestick appeared with a noticeable upper shadow. The key levels to watch going forward are whether 89,200 and 87,500 can hold. On the four-hour chart, after a volume spike at the top, volume decreased as the price fell back. After being suppressed by the upper band, a large bearish candlestick broke downward. 88,200 needs to be closely monitored. On the hourly chart, there have been five consecutive bearish candlesticks, with trading volume continuing to shrink.
Tuesday morning trading strategy:
Bitcoin can be shorted on rallies in the 90,500-91,000 range, with a target zone of 89,000-88,500 and a stop loss set above 91,500.
Ethereum can also be shorted on rallies around 3,120-3,140, with a target of 3,065-3,045 and a stop loss at 3,170.
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