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Tuesday morning thoughts
Real contract players understand: floating profits are just numerical fireworks; only the money in hand is the war compensation. The Bitcoin market continued its downward trend at midnight yesterday, with prices slightly rebounding to a high point of 94419 before retreating. Near morning, the price fell to a low of 91220. Ethereum's midnight movement still maintained synchronization with Bitcoin, with the market dropping from a high point of 3210 in the evening to a low point of 2958 at midnight. Brother Sheng's bearish outlook given at midnight also arrived as expected.
According to the current market situation, the four-hour level shows that after a three consecutive bearish decline, the bulls have made a slight rebound, but the strength of the rebound is relatively weak, and the price has not warmed up above the lower Bollinger Band. Considering the overall trend, the bullish counterattack is unlikely to have any effect, so the pattern is still dominated by the bears. From the one-hour level, after the market gave a three consecutive small bullish rebound, it has once again come to a halt. Although the price has warmed up somewhat, it feels inadequate compared to the previous declines. Therefore, since the downward space has been completely opened, we can continue to maintain a bearish outlook.
BTC: Short around 92500, target at 90500
ETH: Short near 3050, target at 2900#逆势上涨币种推荐 #美联储会议纪要将公布 #比特币行情观察