Friday, Bitcoin hits "9" and then dips, continuation of relay adjustment



Bitcoin surged yesterday then pulled back for correction, closing below the 90,000 mark. Currently, the bulls and bears are engaged in a tug-of-war, with the overall range adjusting around 87,200-90,600. Multiple rebounds and tests have been suppressed, so for now, a high-short strategy is recommended.

The daily chart has consecutively formed doji stars, and on smaller timeframes, volume is relatively weak. It is expected that this oscillating pattern will continue through the week's close. If during the US session today, the price rebounds above 90,000, consider entering short positions. When the price hits support, consider reversing to long for profit, with a break below as a trigger.

Bitcoin: Suggest short positions in the 90,100-90,600 range, targeting 87,500. If not broken, consider short-term longs.

Ethereum: Suggest short positions in the 2,980-3,010 range, targeting 2,905. If not broken, consider short-term longs.

A seasoned mentor with eight years of experience, a witness to bull and bear cycles. Instead of fighting alone, walk with the light. Buddha guides those with affinity; I await sincere people. #特朗普取消对欧关税威胁
BTC-0.24%
ETH-0.1%
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