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Wednesday evening bTC.eth short position operation
On the road of hard work, every step counts. Bitcoin rebounded from the bottom in the early hours and warmed up to 114000 at noon before facing downward pressure, returning to this level after a tug-of-war between bulls and bears; Ethereum surged strongly to 3660 as expected, currently oscillating at a high position.
The technical signals are clear: a four-hour four consecutive bearish candles, with the lower shadow piercing the middle track but failing to stabilize, returning to a state of range-bound tension. The MACD fast and slow lines are converging, with a death cross building up, indicating insufficient bullish momentum and a gradual takeover by bears. The hourly indicators are trending downwards, the coin price has broken the lower track, showing signs of overselling.
Rebound High空:
Short position on BTC at 114500-115000, looking at 113500 for short-term and 112000 for long-term.
Auntie is looking at 3650 nearby, watch 3550, 3500. #PI# #GateioInto11#