From the daily chart perspective, the current technical signals clearly indicate a bearish trend. The Bollinger Bands have formed a downward opening pattern, and in the MACD indicator, the bearish energy bars continue to be released while both lines are below the zero axis, clearly establishing a bearish dominance.
The key support level of 105800 below needs to be closely monitored. If this level is significantly broken, it is highly likely to open up more room for a larger correction. The current overall operational strategy should focus on bearish actions, with short-selling on rebounds as the core strategy.
In the afternoon, you can set up short positions around the range of 110500-110000, with the first target looking towards the area of 108300-107300. If that range is broken, you can further look down to the key support level of 105800. #十月降息预测 #中美贸易战新进展 #btc #eth
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Afternoon BTC operation suggestions
From the daily chart perspective, the current technical signals clearly indicate a bearish trend. The Bollinger Bands have formed a downward opening pattern, and in the MACD indicator, the bearish energy bars continue to be released while both lines are below the zero axis, clearly establishing a bearish dominance.
The key support level of 105800 below needs to be closely monitored. If this level is significantly broken, it is highly likely to open up more room for a larger correction. The current overall operational strategy should focus on bearish actions, with short-selling on rebounds as the core strategy.
In the afternoon, you can set up short positions around the range of 110500-110000, with the first target looking towards the area of 108300-107300. If that range is broken, you can further look down to the key support level of 105800.
#十月降息预测 #中美贸易战新进展 #btc #eth