9.19 surged and then fell back, perfectly validating the 🦌🎯. The big 🫓二🫓 still has room for a pullback.


The strategy of raising short positions on Bitcoin and Ethereum, which was repeatedly mentioned in yesterday's articles and videos, has played out as expected with multiple peaks and pullbacks. Ethereum has shown more pronounced fluctuations overall. Currently, after the decline, Bitcoin's rebound has been weak, and it has faced multiple rejections at higher levels, indicating the possibility of further downside.
Many attempts to break through the important resistance line of 118000 to 118500 have failed. The performance is relatively weak, with the lows gradually moving down and the rebound strength being weak. From the daily and four-hour levels, it shows a trend of rising and then falling back, having touched the upper Bollinger Band multiple times before starting to retreat. Currently, it is hovering near the middle band, and may continue to test the lower band at the 4450 level. Below, pay attention to the support levels at 4400 and 114000.
In terms of operations, large 🫓 can consider short positions around 117000 to 117500, with a target towards around 115500; while small 🫓 can consider short positions around 4550 to 4570, with a target towards around 4470.
BTC-0.37%
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