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Analysis of the Friday night market at 1.30
Yesterday's market broke downward, and the price plunged again in the early morning. Our short position strategy, which we prepared in advance, was perfectly executed, yielding significant profit potential.
On the daily chart, the KDJ, MACD, and BOLL indicators are all resonating in a strong bearish trend, with the MA three-day moving average forming multiple layers of downward resistance; on the 12-hour chart, the KDJ death cross continues to decline, and the MACD is crossing at the bottom (bottom death cross indicates strong selling pressure, with a thickening downward trend), the BOLL lower band is opening up, further confirming the bearish trend. In the evening, the short-term outlook remains bearish, with trading mainly focusing on high short positions. Specific entry points are as follows:
Bitcoin: Enter short positions in the 83500-84000 range, target 81000
Ethereum: Enter short positions around 2770-2800, target 2670
Before the evening news is released, it is recommended to watch more and trade less, patiently waiting for the right entry points!