The 90,000 level is a short-term lifeline. On an hourly basis, the price struggles to break through the 90,000 resistance level; it pulls back whenever it touches the middle band of the Bollinger Bands, indicating a clear trend. On the four-hour chart, the price is consolidating within a narrow range, with support and resistance levels clearly defined. Currently, the price is at the high end of the range, so the morning outlook is primarily bearish.
Trading Recommendations Bitcoin: Short near 91,000-89,800, target 87,000 Ethereum: Short near 3,000-2,980, target 2,900
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Friday Morning Jingyi Trading Strategy Analysis
The 90,000 level is a short-term lifeline. On an hourly basis, the price struggles to break through the 90,000 resistance level; it pulls back whenever it touches the middle band of the Bollinger Bands, indicating a clear trend. On the four-hour chart, the price is consolidating within a narrow range, with support and resistance levels clearly defined. Currently, the price is at the high end of the range, so the morning outlook is primarily bearish.
Trading Recommendations
Bitcoin: Short near 91,000-89,800, target 87,000
Ethereum: Short near 3,000-2,980, target 2,900