From a short-term perspective, the 4-hour Candlestick Chart shows that the expectation of a bearish pullback in the short-term market is gradually increasing. When the price surged to around 115670, touching the upper band of the Bollinger Bands, two consecutive Bearish lines appeared, indicating that selling pressure in the market has increased. Currently, the price is gradually approaching the middle band of the Bollinger Bands, reflecting a lack of upward momentum in the short term and the necessity for a pullback adjustment in the market.



Based on the above market conditions, investors need to pay extra attention at the operational level and must not blindly chase prices at high levels. If considering going long, it is advisable to patiently wait for the price to pull back to relatively low levels before making a decision. Overall, short-term operations still suggest adhering to a high short strategy.

The specific operational suggestions are as follows:

When Bitcoin is in the range of 114800-115500, a short position can be established, with the target set at 113000-111800 #BTC# #ETH# .
BTC2.64%
ETH-0.04%
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