Short order has hope, today is going to fall!
Although Bitcoin surged to around 88900 yesterday, please note the "but" here: on the daily chart, there has not been an effective breakthrough. The technical indicators show that the rebound structure presents a non-strong characteristic of "long correction cycle/short rise cycle", confirming that the current situation still belongs to a corrective rebound rather than a trend reversal.
After reaching 88000 yesterday, we also made adjustments and exited the long orders we had set up around 81000 and 83000, after all, there's no need to catch every bit of a tail-end market!
Today we focus on the key support at 85500. If it fails, it will open up the space for a second test of the bottom, and we cannot rule out a retest of the support around 80,000. So friends who are stuck in low-position short orders should not miss this opportunity to break free!
The pressure zone is at 89000-90000 (a multiple technical resistance area, which requires volume support to break through). As the end of the month approaches, be wary of the risk of a second pullback. It is recommended to pay attention to changes in the volume-price relationship. Only if it breaks through 90000 and strongly rises to 94000 can we confirm that the trend has completely strengthened.
Looking at Ethereum again, the target of 2100 was precisely fulfilled yesterday (error <1%), and the rebound momentum at the end of the session has weakened, confirming the previous judgment about the "technical pullback." If the price rebounds to the resistance zone during the day, short positions can be established, with stop-loss set above 2180 and target levels of 2000-1900 to be observed in batches.
——————————————————————
Like, follow, retweet, and meet at the peak of the bull market (great luck w)!
#btcethcat lazycat dogs
kiteai catdog mew popcat gigs sundog
maga ltd kiteai cad order neiroeth ais mak
pixfi why cec lci bendog neiro ans crs ckb
uxlink reef zeta tai saga cloud people floki
phil notai agent dog kas babydoge pepe sol popcat mew rats pizza sats wif bome jup jto omg mirx deai box neirocto slerf sui uld zbu
aleo zeus bb