#中美贸易协商 Hello readers, I am a market analyst. From yesterday's market conditions, we accurately predicted the market trend: Ethereum plummeted from 4147 to the 3930 area in the early hours, with a drop of about 210 points, while Bitcoin pulled back from 115530 to around 112200, with a drop of nearly 3330 points. The pre-deployed short order for Ethereum and the SOL trading strategy both achieved good returns; and from the morning session to the noon session, the market maintained a narrow fluctuation, without any obvious breakout opportunities.

Multi-period Technical Analysis:

Weekly level: Bitcoin closed with a bearish candle and failed to break through the key trend line at 116000. If it falls below 113800, it is very likely to test the lower support of the trumpet pattern.

Daily level: Bitcoin shows a "Bearish Three Crows" pattern, with important support at 110500 (the lower bound of the rising channel). If this level is lost, it may test the 104000 level; Ethereum's pattern is relatively weak, with key support at the MA14 moving average. A break below this will target 3885, with resistance above at 4075, and bullish momentum has significantly weakened.

4-hour chart: Bitcoin has fallen below the trend line and the middle band, with support at 110500, and the middle band of the Bollinger Bands continues to apply pressure; Ethereum's support is at the MA60 moving average, and if it falls below, the next target is 3925, with resistance above at the MA14 moving average. The MACD indicator shows that short order momentum persists, and the overall market is in a weak oscillating trend.

Recent operational thoughts (suggest focusing on short orders, particularly paying attention to the "rise first, fall later" market that may be triggered by the Federal Reserve meeting):

Bitcoin: Consider shorting in the range of 114000-114700, with a target around 112000-111500.

Ethereum: A short order can be placed in the 4050-4070 area, with a target around 3960-3900.

$BTC $ETH