Bitcoin and Ethereum Afternoon Trading Recommendations and Future Trend Analysis: 1/4

Bitcoin Afternoon Trading Suggestions and Future Trend Analysis: 1/4 Recently, the pulse of the market has been quietly pulsating amidst the silence of the daytime session. Every long bearish candle followed by a period of low-volume stabilization, and every bullish candle after a period of consolidation, are silent indicators of the trend after a period of back-and-forth struggle. Good afternoon everyone! I've been a bit busy these past few days and haven't updated in a timely manner. Sorry, I'll be back to normal soon. First, let's review last night's market activity. After opening last night, Bitcoin was in a consolidation phase with a slight upward bias, rising from around 89800 to around 91590 this morning before encountering resistance. Currently, it has slightly retreated to around 91300, fluctuating around this level. Overall, it remains in an upward trend. Looking at the current market, on the 4-hour chart, the price is trending upwards with five consecutive positive days. After a brief surge to the upper Bollinger Band, it encountered resistance and pulled back. The three Bollinger Bands continue to rise, indicating a significantly stronger short-term bullish trend. On the 1-hour chart, the price is currently oscillating around the middle Bollinger Band, showing a short-term pattern of rising and then falling back. The upper Bollinger Band presents significant resistance, while the lower Bollinger Band provides short-term support. Both the KDJ and RSI indicators are in overbought territory, suggesting a higher risk of a short-term pullback. The MACD fast and slow lines maintain a golden cross, but the MACD histogram is narrowing, indicating weakening bullish momentum. Bitcoin and BTC are moving in tandem with Bitcoin, showing significant similarities. Therefore, the recommended strategy for midday trading is to primarily short at higher levels. For Bitcoin, consider shorting around 91500-92000, with a target of 90000-89000. For Bitcoin, consider shorting around 3150-3170, with a target of 3080-3030.