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822 Yunhao Market Analysis: Rebound Correction High Short Opportunity
In the disparity of market perception, some see risks while others seize opportunities; while you are still observing, the pioneers have already taken decisive action.
At midnight yesterday, Bitcoin dropped to the support level of 112033 before halting its decline, immediately starting a slight Rebound. After rebounding to the high point of 112868 in the early hours, it entered a small range of fluctuations. During the same period, the Ethereum market moved in sync, dropping from a high of 4274 to a low of 4205 before stabilizing, fluctuating and consolidating around that range. The short-term long position strategy provided in the early morning live broadcast yielded profits as expected.
Four-hour level: After experiencing a continuous decline, the market has stopped falling at the lower band of the Bollinger Bands, and it has now formed a two-day Rebound pattern, attempting to recover towards the middle band. However, the Bollinger Bands still open downward, and the overall trajectory has not escaped the downward channel; the current rebound is only a normal correction of the market.
Hourly level: The market shows an upward trend of "two bullish candles wrapping one bearish candle," with various moving averages turning upwards, indicating some release of bullish momentum. However, the MACD indicator's two lines are still operating below the zero axis, suggesting that the trend has not yet shown a significant change.
Short near 113000-113500, target towards 111600.
Near 4300, concave is performed, targeting 4170 #加密市场反弹# .