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#加密市场回调 Observing the current market technicals, after a significant fall, the market has yet to show effective rebound repair signs.
From the 4-hour time frame analysis, a series of large bearish candles have broken down, causing the Bollinger Bands to clearly open downward, presenting an overall bearish trend. At the same time, key technical indicators such as MACD and KDJ have also fully turned into bearish signals, with the downward trend pressure significantly increasing. Based on these technical performances, it is recommended to continue maintaining a trend-following approach for intraday trading and to keep the high short strategy unchanged.
Regarding Bitcoin: It is recommended to consider shorting in the range of 111100-111800, with a target price of 108000-109000.
Ethereum: Look for shorting opportunities in the 3960-4050 range, with target prices at 3700-3800.
$BTC $ETH $SOL