Currently, the double candles show increased volume with a surge and an upper shadow, indicating weakening bullish momentum. It failed to stay above the upper band, suggesting a false breakout. The MACD is in a high position with dulled momentum, and the red bars are shortening. In the short term, there is a need for a pullback and correction. After a surge in volume, there is a clear pullback, and buying momentum is insufficient. Short position near 88000 Targets: 87500, 87000, 86000 Stop loss: 88500 Auntie’s short position near 2950 Targets: 2930, 2900, 2870 Stop loss: 2970 High-level resistance and indicator divergence suggest prioritizing short positions on rebounds. Short-term strategy: quick in and out, avoid fighting the trend. Over the weekend, do not look for breakouts; watch for pullbacks. Do not chase longs, just wait for high-level short opportunities.
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$BTC $ETH Bitcoin Auntie's Weekend Strategy Express;
Currently, the double candles show increased volume with a surge and an upper shadow, indicating weakening bullish momentum. It failed to stay above the upper band, suggesting a false breakout. The MACD is in a high position with dulled momentum, and the red bars are shortening. In the short term, there is a need for a pullback and correction. After a surge in volume, there is a clear pullback, and buying momentum is insufficient.
Short position near 88000
Targets: 87500, 87000, 86000
Stop loss: 88500
Auntie’s short position near 2950
Targets: 2930, 2900, 2870
Stop loss: 2970
High-level resistance and indicator divergence suggest prioritizing short positions on rebounds. Short-term strategy: quick in and out, avoid fighting the trend. Over the weekend, do not look for breakouts; watch for pullbacks. Do not chase longs, just wait for high-level short opportunities.