Daily Chart Level After yesterday's warning of a shooting star bearish signal, the market continued to close with two large bearish candles, showing that the bulls are exhausted and the bears are fully dominating the market; 4-Hour Chart Level Although there was a slight rebound around 81,000, the momentum remains weak, MACD continues to decline, and bearish volume steadily increases; Key Level Analysis The market has retreated to the 81,000 level after more than a month. The first support below is at the 80,000 integer level. A rebound is an opportunity to short, follow the trend to short without hesitation, and remain bearish as long as the level is not broken. Trading Suggestions Short positions around 84,000-84,500 for Bitcoin, targeting 81,000-81,500 Short positions around 2,770-2,800 for Ethereum, targeting 2,620-2,650$BTC $ETH #GateLive直播挖矿公测开启
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Evening Analysis
Daily Chart Level
After yesterday's warning of a shooting star bearish signal, the market continued to close with two large bearish candles, showing that the bulls are exhausted and the bears are fully dominating the market;
4-Hour Chart Level
Although there was a slight rebound around 81,000, the momentum remains weak, MACD continues to decline, and bearish volume steadily increases;
Key Level Analysis
The market has retreated to the 81,000 level after more than a month. The first support below is at the 80,000 integer level. A rebound is an opportunity to short, follow the trend to short without hesitation, and remain bearish as long as the level is not broken.
Trading Suggestions
Short positions around 84,000-84,500 for Bitcoin, targeting 81,000-81,500
Short positions around 2,770-2,800 for Ethereum, targeting 2,620-2,650$BTC $ETH #GateLive直播挖矿公测开启