$BTC $ETH Wednesday evening analysis and operation suggestions for Bitcoin and Ethereum

Opportunities always sprout in the gaps of market noise and skepticism. True value lies not in chasing every fluctuation, but in having insights that penetrate the fog, anticipating the direction of the next wave before others notice.

Looking back at the afternoon trend, Bitcoin retreated from around 90088 to the vicinity of 88109, then provided a slight rebound, currently reaching around 88900. Ethereum retreated from around 3001 to the vicinity of 2900, and rebounded again to around 2944.

In the morning, a short position for Bitcoin was set around 89500-89000, and a short position for Ethereum was set around 2980-2950. The intraday trend has followed the planned direction; today, the real trading captured a 2922-point space for Bitcoin and a 106-point space for Ethereum.

From the current market observation, Bitcoin has broken below the middle band of the Bollinger Bands on the 4-hour chart and is gradually weakening along the lower band. The rebounds are repeatedly constrained by the pressure of the middle band, indicating that the current phase is one of a continuation of declines rather than a simple correction. The 1-hour chart shows characteristics of a weak rebound, with high and low points sequentially moving lower, and insufficient volume revealing signs of a potential fake-out. Each rise can be seen as an opportunity to set up short positions. The overall downward structure has not changed; evening operations should adhere to a strategy of shorting at highs, avoiding blind bottom fishing, and patiently setting up short positions based on key pressure levels. #加密市场观察

In terms of operations, set up short positions for Bitcoin around 90000-89500, targeting the vicinity of 87000.

Set up short positions for Ethereum around 3000-2970, targeting the vicinity of 2850-2800.