The weekend market is frustrating. Observing the current chart, Bitcoin has continued the oscillation and repair rhythm from the morning session. By the lunch break, the bullish momentum has shown signs of fatigue, making it difficult to further push up the price. The 118500 line provided support during yesterday's pullback, and now having completed a top-bottom conversion, it is reasonable to form strong resistance in the short term. Combined with the hourly candlestick chart: The early trading session's consecutive upward rebound has shifted to the current alternating adjustment pattern. Crucially, as prices rise, trading volume shows a declining trend, which further supports our bearish judgment. Therefore, the afternoon trading strategy remains unchanged, continuing to implement a short-selling strategy. Trading suggestions: Short Bitcoin near 118500, targeting 117000. Short Ether near 3600, targeting 3510.
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Saturday afternoon Bitcoin Ethereum latest strategies sharing
The weekend market is frustrating. Observing the current chart, Bitcoin has continued the oscillation and repair rhythm from the morning session. By the lunch break, the bullish momentum has shown signs of fatigue, making it difficult to further push up the price. The 118500 line provided support during yesterday's pullback, and now having completed a top-bottom conversion, it is reasonable to form strong resistance in the short term. Combined with the hourly candlestick chart:
The early trading session's consecutive upward rebound has shifted to the current alternating adjustment pattern. Crucially, as prices rise, trading volume shows a declining trend, which further supports our bearish judgment. Therefore, the afternoon trading strategy remains unchanged, continuing to implement a short-selling strategy. Trading suggestions:
Short Bitcoin near 118500, targeting 117000. Short Ether near 3600, targeting 3510.