Market Trend: Bitcoin dropped to a low of 98800 at midnight (the last level above 90000 was at the end of June). The four-hour naked K chart has not broken below the 100000 mark, but the MACD is still below the zero line, indicating that the trading hours are likely to consolidate and recover.
• Operating strategy: Overall continuation of the high short strategy, strict defense is required, do not resist the single.
◦ Bitcoin: It is recommended to short around 101800-102500, with a target looking down at 100000-98000.
◦ Ethereum: It is recommended to short around 3320-3360, with a target down to 3180-3000.
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Market Trend: Bitcoin dropped to a low of 98800 at midnight (the last level above 90000 was at the end of June). The four-hour naked K chart has not broken below the 100000 mark, but the MACD is still below the zero line, indicating that the trading hours are likely to consolidate and recover.
• Operating strategy: Overall continuation of the high short strategy, strict defense is required, do not resist the single.
◦ Bitcoin: It is recommended to short around 101800-102500, with a target looking down at 100000-98000.
◦ Ethereum: It is recommended to short around 3320-3360, with a target down to 3180-3000.