Monday Afternoon Jing Yi Trading Strategy Analysis
Last night's downward move, many bulls held onto a glimmer of hope and stubbornly resisted, but in the end, they were gradually consumed. The market, from the perspective of the weak, the decline is the most direct answer.
The technical side already gave a clear signal: bearish sentiment is overwhelmingly crushing, with the daily chart showing a significant drop in volume, and all cycle indicators collectively turning downward. There is no disagreement; only the power of the trend is leading the market. The four-hour Bollinger Bands have firmly formed a downward channel, remaining below the middle and lower bands throughout, with no signs of a decent rebound. The rebound momentum has been exhausted; the daily chart even broke below key support levels, and the technical structure has completely collapsed.
Trading Suggestions Bitcoin (大饼): Short near 882-886, target around 870, long-term 860-838 Ethereum (二饼): Short near 2898-2925, target 2800, long-term 2600#黄金白银再创新高
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Monday Afternoon Jing Yi Trading Strategy Analysis
Last night's downward move, many bulls held onto a glimmer of hope and stubbornly resisted, but in the end, they were gradually consumed. The market, from the perspective of the weak, the decline is the most direct answer.
The technical side already gave a clear signal: bearish sentiment is overwhelmingly crushing, with the daily chart showing a significant drop in volume, and all cycle indicators collectively turning downward. There is no disagreement; only the power of the trend is leading the market. The four-hour Bollinger Bands have firmly formed a downward channel, remaining below the middle and lower bands throughout, with no signs of a decent rebound. The rebound momentum has been exhausted; the daily chart even broke below key support levels, and the technical structure has completely collapsed.
Trading Suggestions
Bitcoin (大饼): Short near 882-886, target around 870, long-term 860-838
Ethereum (二饼): Short near 2898-2925, target 2800, long-term 2600#黄金白银再创新高