Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 1.7
I issued multiple reminders yesterday about shorting at high positions, and the overall space is still quite good. Bitcoin's current daily chart shows signs of a recent pullback from short-term highs. On the 4-hour K-line, long upper wicks and volume increase bearish candles have appeared, indicating significant selling pressure from above. DIF and DEA continue to decline, MACD histogram turned from positive to negative, short momentum is strengthening. The daily level is still in a bearish area but with a narrowing trend. Short-term pressure is obvious. It's recommended to short on rebounds at high positions intraday.
Operation suggestions: Bitcoin short around 93200-93800, target near 91500. Ethereum short around 3270-3300, target near 3200. Market conditions change constantly; this article has time sensitivity. For friends entering the market, real-time guidance is the main reference.#Gate2025年度报告 #比特币六连涨 #Meme币板块回暖
Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 1.7
I issued multiple reminders yesterday about shorting at high positions, and the overall space is still quite good. Bitcoin's current daily chart shows signs of a recent pullback from short-term highs. On the 4-hour K-line, long upper wicks and volume increase bearish candles have appeared, indicating significant selling pressure from above. DIF and DEA continue to decline, MACD histogram turned from positive to negative, short momentum is strengthening. The daily level is still in a bearish area but with a narrowing trend. Short-term pressure is obvious. It's recommended to short on rebounds at high positions intraday.
Operation suggestions: Bitcoin short around 93200-93800, target near 91500. Ethereum short around 3270-3300, target near 3200. Market conditions change constantly; this article has time sensitivity. For friends entering the market, real-time guidance is the main reference.#Gate2025年度报告 #比特币六连涨 #Meme币板块回暖