The morning cryptocurrency price found a bottom and showed a certain degree of rebound. The afternoon market continued to recover, with prices reaching a maximum near 96500 before facing resistance and pulling back. The price briefly retreated to around 94500 and halted the decline. The market showed significant volatility throughout the day, with a back-and-forth struggle of nearly 2000 points. Both bulls and bears had substantial opportunities. In the afternoon, our strategy suggested a bearish outlook on the rebound. For Bitcoin, we advised entering a short position as the price approached 96000. In the afternoon, the market retraced to about 94700, allowing us to exit with over a thousand points in profit. Ethereum synchronized with Bitcoin, entering and exiting with a gain of 82 points. As the price rises, market fluctuations also increase. Finding the right opportunity in such a market is a great chance for a turnaround at year's end; it just depends on whether you can seize it.

From the current trend, the week opened with a retracement that tested the bottom support at 93500, where the price stopped falling. The rebound faced resistance at 96500. The price is still operating within the range of the lower middle band of the four-hour chart. The Bollinger Bands on the four-hour chart have flattened out, and the operating range has also contracted. Structurally, after a retracement, the market is transitioning into a sideways movement to correct the previous pullback. If the middle band is not broken during the rebound, we will continue to maintain a bearish outlook on the rebound.

Bitcoin can be shorted at 96000-96500, targeting around 93500. Ethereum can be shorted at 3310-3340, targeting around 3230. #比特币市场波动观察 #比特币战略储备 $BTC $ETH