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Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/7346281523 ๐ The current price of Bitcoin (BTC) is around $121894, and it has repeatedly approached the $122K mark above before falling back, indicating a decline in short-term momentum; ๐ Ethereum (ETH) is currently trading at $4302, with unsuccessful attempts to test above $4.33K, indicating an active bearish trend. The three major bearish logics are fermenting synchronously one ๏ธโฃ โ Stable pressure zone: BTC: The range of 121.8K to 122.0K is frequently suppressed, and the points have not been effectively broken through โข ETH: Attack blocked in the 4.33K โ 4.35K range two ๏ธโฃ ๐ Weakening in technical aspects: BTC is weak in the short term, with moving averages and momentum indicators showing a turning signal ETH trading volume did not match the upward trend, with divergent trends emerging three ๏ธโฃ ๐ Loose funds on the chain: Whale movements increase, may seek to cash in lock up profits at high levels ๐ฏ Short term strategy observation area If BTC fails to hit 121.8K-122K again, pay attention to high-altitude opportunities (defensive recommendation set at 122.4K) If ETH fails to break through 4.33K, it can be monitored for high-altitude triggering (defensive recommendation is 4.36K) Support level alert: BTC's first focus is on the 120.5K-121.0K area, and if it breaks, pay attention to the vicinity of 119K; ETH support focuses on the range of 4200-4250, once it falls or points towards around 4.10K โณ Prompt for intervention timing If there is a rapid rise or fall during the afternoon session or the opening hours in Europe and America, it may be a good opportunity for short-term high-altitude trading Pay attention to community sentiment: If the position generally increases but the trading volume does not follow, it indicates the risk of attracting long positions โธป ๐๏ธ Tonight at 7 PM | BTCÐ High Altitude Strategy Live Streaming Break or Reverse? Is the upper movement a trap to lure the bulls or is the bears starting to exert force? Online analysis of chip structure and real market volatility chart QQ group: 810794095 Meeting number: 734-628-1523 Weibo: Tony's Diary Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
