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Sunday Evening Jing Yi's Trading Strategy Analysis
The weekend market trend continues to be weak and sideways, consistent with expectations, with low trading volume and lack of significant volatility.
BTC is currently in a low consolidation phase after a decline. Many people are eager to buy the dip due to the deep drop, but it’s important to recognize that this is not a reversal signal. Avoid trading against the trend.
From the hourly chart structure, the price has repeatedly attempted to rise but then pulled back, forming long upper shadows on multiple candles. Selling pressure above is evident, and the rebound lacks sustainability. Multiple attempts to stabilize have failed, and a reversal condition has not yet been met.
Meanwhile, international news reports that the "Yellow Hair" is no longer pretending; the war has escalated from remote strikes to ground combat, expected to last another 3-4 weeks. Previous peace talks are now empty promises. A confirmed hype artist, Jing Yi predicts a high probability of a sharp drop at the Monday open. The conflict continues to prolong.
Trading Suggestions:
- Short positions around 670-675-680 for BTC, targets at 663-645-638
- Short positions around 2015-2040 for ETH, targets at 1960-1840-1700
These are personal opinions for reference only. Please base your trading decisions primarily on your own judgment.
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