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#加密市场回调 The fall in this wave early in the morning has once again refreshed the low point.
The bears have been continuously increasing their selling pressure, perfectly validating the bearish outlook we provided in the early morning. BTC dropped to around 86000 before it stopped, while ETH halted near 2788. However, the bulls are not to be underestimated, quickly rebounding to bring the price back to around 88000 for consolidation, with Ethereum also returning to around 2900 for adjustment.
How does the market look now?
On the daily chart, BTC closed with another bearish candle. The bearish pattern is layered and probing downward, following the lower band of the Bollinger Bands without giving any signals of reversal. After each correction, one must remain vigilant about the risk of a second deep adjustment. However, on the four-hour level, there are signs of a three-wave structure stabilizing, with the price receiving some buying support at the low.
But don't celebrate too early - the K-line body is quite full, and the price is still maintained within the lower channel. What does this indicate? There is still space to explore below.
The morning trading strategy is very simple: mainly sell high and buy low.
You can set up short positions for BTC in the range of 88000-88500, with a target near 86000. For ETH, short in the range of 2900-2920, with a target around 2800. Of course, this is just a short-term strategy; the market changes rapidly, and strict stop-loss is the key.