Rising sharply then falling back! Bitcoin's bulls and bears fought over 2,000 points, but in the end, it was pushed back into a consolidation range!



Positive data was loud but not impactful, unable to break through the critical watershed. The Bollinger Bands are narrowing and stabilizing, with neither bulls nor bears having the strength to break the level. The tug-of-war between bears accumulating positions and bulls holding firm continues.

In terms of trading, avoid chasing highs and selling lows. First, secure profits within the range, and follow the trend once the breakout occurs!
Suggestion: Light short positions on the rebound in the 778-782 range, stop-loss at 790, target 76,800$BTC $ETH
BTC-1,07%
ETH-3,22%
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BrotherDongCts
· 6h ago
Just charge forward 👊
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