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7.30 BTC ETH evening strategy
From the current perspective, after a short-term rebound with three consecutive bullish candles on the four-hour level, the bears have regained strength, and the market has produced two consecutive bearish candles, indicating a clear retracement trend. The KDJ lines are closely intertwined, currently maintaining a death cross structure, with no significant reversal signals appearing; the MACD fast and slow lines continue to operate below the zero axis, and after a volume contraction rebound, the histogram has resumed increasing downward, showing a significant strengthening of bearish momentum.
Looking at the RSI again, the three lines are still in the weak zone and have not broken through the 50 midline, while also beginning to show a downward trend, indicating that the buying power is gradually weakening.
Switching to the one-hour timeframe, although the market has seen a certain rebound after three consecutive bearish days, if we widen our perspective, we will find that the high points of this rebound are continually decreasing, while the low points after the pullback are also being refreshed persistently. The strength of the bullish rebound is clearly unable to keep up with the pace of the bearish pressure.
In summary, the operational strategy for the evening remains clear: primarily short positions, acting in accordance with the trend. Once the market shows weakness in its rebound, it will be our opportunity to act. Be patient with the levels and do not hesitate in the direction.
Personal suggestion
BTC: Enter the market at 1182-1188, targeting a drop to 1160, still looking at a long-term goal of 108000.
ETH: Enter at 3780-3810, target down to 3650, still looking at a long-term view of 3200 #美联储利率决议#