#美国消费者物价指数发布在即 Last night, Bitcoin surged to a high but then failed to continue its momentum. During the day, it has been oscillating and pressing downward repeatedly. Looking at the 1-hour K-line, the Bollinger Bands are contracting, and the KDJ has turned upward, indicating a short-term desire to test higher levels. However, switching to the 4-hour chart, the bearish pressure is quite evident. To continue upward, it needs to break through some resistance levels.
The short-term trading idea is: short near the high point of 95700. If successful, the target could be in the range of 94400-93000. Ethereum is also moving in sync with Bitcoin's rhythm.
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#美国消费者物价指数发布在即 Last night, Bitcoin surged to a high but then failed to continue its momentum. During the day, it has been oscillating and pressing downward repeatedly. Looking at the 1-hour K-line, the Bollinger Bands are contracting, and the KDJ has turned upward, indicating a short-term desire to test higher levels. However, switching to the 4-hour chart, the bearish pressure is quite evident. To continue upward, it needs to break through some resistance levels.
The short-term trading idea is: short near the high point of 95700. If successful, the target could be in the range of 94400-93000. Ethereum is also moving in sync with Bitcoin's rhythm.
$BTC $ETH