Last night’s precise prediction and this morning’s review: After Bitcoin broke below 90,000, it triggered market panic and a sell-off, dropping to around 86,066. Subsequently, it experienced a slight rebound in the morning before continuing to decline. For example, Ethereum broke below 3000 points last night, falling to 2788, then started a slight rally in the morning, attempting to break through 2900 without success and then began to retreat.
Last night, a position was established at 3012, which was quickly closed when it rose to around 3049 but failed to break through. Additional positions were gradually added around 2970, with profits taken near 3000. From the daily chart, Bitcoin broke below 86000, and the three consecutive bearish candles indicate a persistent bearish attack, with the bulls being suppressed and showing a downward trend. On the daily chart for Ethereum, the bullish momentum was insufficient to push higher and was suppressed by bears; attempts to rally failed. From the 4-hour Ethereum chart, bears continued to push down, suppressing the bulls around 2800, indicating an ongoing bearish outlook. Bitcoin 85500-84000 bearish Ethereum 2800-2740 bearish
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Last night’s precise prediction and this morning’s review: After Bitcoin broke below 90,000, it triggered market panic and a sell-off, dropping to around 86,066. Subsequently, it experienced a slight rebound in the morning before continuing to decline. For example, Ethereum broke below 3000 points last night, falling to 2788, then started a slight rally in the morning, attempting to break through 2900 without success and then began to retreat.
Last night, a position was established at 3012, which was quickly closed when it rose to around 3049 but failed to break through. Additional positions were gradually added around 2970, with profits taken near 3000. From the daily chart, Bitcoin broke below 86000, and the three consecutive bearish candles indicate a persistent bearish attack, with the bulls being suppressed and showing a downward trend. On the daily chart for Ethereum, the bullish momentum was insufficient to push higher and was suppressed by bears; attempts to rally failed. From the 4-hour Ethereum chart, bears continued to push down, suppressing the bulls around 2800, indicating an ongoing bearish outlook.
Bitcoin 85500-84000 bearish
Ethereum 2800-2740 bearish