From a technical perspective, the short-term trend in the early morning is leaning towards oscillating upward. The main chart's MA5-day moving average has slightly turned upward, but the MA30-day moving average continues to decline, exerting downward pressure. If a breakout fails, the subsequent trend will likely continue to decline southward with increased volume. Overall, the selling pressure above remains strong, and the probability of a breakthrough is not very high. Currently, in the short term, everyone can consider placing short positions near the resistance level. Specific levels can refer to:
Bitcoin: Short at the current price of 91,600-92,400, target 90,000
Ethereum: Short at the current price of 3,140-3,170, target 3,060
The above are personal early morning trading suggestions, for your reference only.
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From a technical perspective, the short-term trend in the early morning is leaning towards oscillating upward. The main chart's MA5-day moving average has slightly turned upward, but the MA30-day moving average continues to decline, exerting downward pressure. If a breakout fails, the subsequent trend will likely continue to decline southward with increased volume. Overall, the selling pressure above remains strong, and the probability of a breakthrough is not very high. Currently, in the short term, everyone can consider placing short positions near the resistance level. Specific levels can refer to:
Bitcoin: Short at the current price of 91,600-92,400, target 90,000
Ethereum: Short at the current price of 3,140-3,170, target 3,060
The above are personal early morning trading suggestions, for your reference only.