Silk Road on the afternoon of 11.23

Yesterday's narrow fluctuations concealed energy exhaustion, with Bitcoin and Ethereum "not rising as they should" below key resistance, showing significant signs of weakness.
The four-hour chart shows a slow rise with fragmented gains, struggling to break the previous high, and the K-line entities are weak; the upper band of the Bollinger Bands on the hourly chart is clearly pressing down, with frequent upper shadows and heavy selling pressure above.
The current rebound is actually a better opportunity for short positions, as the overall trend remains unchanged. The upward test of exhausted momentum is precisely a good chance to short in line with the trend.
Core Strategy: Abandon the illusion of false breakouts and firmly establish short positions at key high levels. The trend does not reverse due to short-term consolidation; patience is the core asset for bears. Implement good risk control and quietly wait for the market to validate the logic.
The pancake is fluctuating around 86500-87000, with the target looking down at 85500-84700.
The second pancake is around 2850-2900. The target 🎯 is to look down at 2770-2730 (the strategy is effective ❤️ 11.23 afternoon Silk Road.
Yesterday's narrow fluctuations concealed energy exhaustion, with Bitcoin and Ethereum "not rising as they should" below key resistance, showing significant weakness signals.
The four-hour chart shows a slow rise with difficulty breaking the previous high, and the K-line is weak; on the hourly chart, the upper band of the Bollinger Bands is under obvious pressure, with frequent upper shadows and heavy selling pressure above.
The current rebound is actually a better entry opportunity for bears; the overall trend has not changed, and the upward test of momentum exhaustion is a good opportunity to short in the direction of the trend.
Core strategy: Abandon the fantasy of false breakouts and firmly establish short positions at key high levels. The trend does not reverse due to short-term consolidation; patience is the core asset for bears. Ensure proper risk control and wait for the market to validate the logic.
The pancake is consolidating around 86500-87000, targeting a drop to 85500-84700.
The two cakes are around 2850-2900. The target 🎯 looks down to 2770-2730 (the strategy is effective ❤️ )#美联储会议纪要将公布 #比特币行情观察 $BTC $ETH )