The 4-hour chart shows a dramatic waterfall decline, with the price directly breaking below the lower Bollinger Band. After testing the 75,500 level, only a brief weak rebound occurred. Currently, the three Bollinger Bands are opening downward in sync, indicating a very clear bearish trend; the MACD indicator has formed a death cross below the zero line and continues to widen downward, fully releasing bearish momentum. The short-term market is completely dominated by bears. The high-short strategy remains strictly unchanged!
Real Trading Strategy
Bitcoin
Direction: Short Entry Range: Around 79,000-79,500 Stop Loss: Around 80,200 Target Range: Around 78,000-77,000
Altcoin
Direction: Short Entry Range: Around 2,470-2,500 Stop Loss: Around 2,550 Target Range: Around 2,400-2,350#GateLive直播挖矿公测开启
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February 1 Market Analysis
Market Analysis
The 4-hour chart shows a dramatic waterfall decline, with the price directly breaking below the lower Bollinger Band. After testing the 75,500 level, only a brief weak rebound occurred. Currently, the three Bollinger Bands are opening downward in sync, indicating a very clear bearish trend; the MACD indicator has formed a death cross below the zero line and continues to widen downward, fully releasing bearish momentum. The short-term market is completely dominated by bears. The high-short strategy remains strictly unchanged!
Real Trading Strategy
Bitcoin
Direction: Short
Entry Range: Around 79,000-79,500
Stop Loss: Around 80,200
Target Range: Around 78,000-77,000
Altcoin
Direction: Short
Entry Range: Around 2,470-2,500
Stop Loss: Around 2,550
Target Range: Around 2,400-2,350#GateLive直播挖矿公测开启