1. Core conclusions of the market 1. The 1-hour Bollinger Bands are opening downwards, with the middle and upper bands moving down synchronously, indicating a strong bearish dominance. 2. The effectiveness of the 85500 key support level is yet to be verified, with the K-line showing characteristics of "large bearish leading decline + small bullish/cross star weak rebound", indicating a significant advantage for the bears. 3. The trading volume is not expanding, and the bulls lack volume support, making it highly likely that the weak downward trend will continue in the afternoon. 2. Key Operation Strategies • Bitcoin: Enter short position near 87500, target 85000 • Ethereum: Enter short position near 2880, target 2750#
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Analysis of the market on the evening of 12.1.
1. Core conclusions of the market
1. The 1-hour Bollinger Bands are opening downwards, with the middle and upper bands moving down synchronously, indicating a strong bearish dominance.
2. The effectiveness of the 85500 key support level is yet to be verified, with the K-line showing characteristics of "large bearish leading decline + small bullish/cross star weak rebound", indicating a significant advantage for the bears.
3. The trading volume is not expanding, and the bulls lack volume support, making it highly likely that the weak downward trend will continue in the afternoon.
2. Key Operation Strategies
• Bitcoin: Enter short position near 87500, target 85000
• Ethereum: Enter short position near 2880, target 2750#