#数字资产动态追踪 Bitcoin's recent movement is quite interesting. The 4-hour chart shows a long upper shadow at the 91800 level, indicating significant selling pressure; although the daily K-line is still bullish, the body is getting narrower, and the bullish momentum is clearly weakening. Both the 1-hour and 4-hour RSI are in overbought territory, suggesting a high probability of a short-term correction.



From a trading perspective, consider short positions in the BTC range of 93000-92500, with the first target at 91500, and further down at the 89500 level.

The situation for Ethereum is similar. Short positions can be considered around 3200-3220, with support near 3100. If broken, 3050 is a key level.

Be cautious of that long upper shadow on both coins—the market is testing the top.
BTC-0,62%
ETH-1,12%
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digital_archaeologistvip
· 01-07 07:01
A long upper shadow is indeed risky, but I don't think this wave will break that quickly. We need to observe the trading volume in conjunction before taking action, otherwise it just becomes fodder for the big players to absorb.
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AlphaLeakervip
· 01-05 06:10
A long upper shadow is indeed dangerous. Friends who didn't notice it before should be careful.
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IronHeadMinervip
· 01-05 06:03
Long upper shadow, I've seen too many fake drops, but this time with RSI overbought, you really need to be cautious.
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BearMarketMonkvip
· 01-05 06:01
The long upper shadow is actually the market trying to test retail investors' patience, haha. --- Another suggestion to go short? Can we hold out until 89,500 this time? We haven't even reached the levels I mentioned last time. --- Is RSI overbought and you want to sell? The villagers haven't woken up yet, don't be too hasty. --- If Ethereum breaks the 3050 level, I'll just clear my positions and lie flat, no more fussing. --- Does a long upper shadow really indicate testing the top? How do you explain the dozens of long upper shadows before? They just kept pushing higher. --- In a bear market, being bearish is instinctive, but I feel this wave is different, hmm... --- Those who short at 93,000 are brave warriors. I really can't handle this market. --- Every time, I say the probability of a correction isn't low, but what happens? That's crypto for you—predictions everywhere, and only a few are accurate.
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AllTalkLongTradervip
· 01-05 05:57
What does a long upper shadow indicate? It's just the final struggle of the bulls, I saw it coming a long time ago. The RSI being overbought definitely warrants caution, but I still think it can push for another wave.
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