Yesterday's Black Friday was truly dark!
Ethereum continued to dip by 100 points, and Bitcoin dropped from 68900 to 65500. From a four-hour perspective, Bitcoin has continuously formed large bearish candles, once again breaking below this week's low, clearly influenced by news that has led to the release of bearish sentiment.
The downward trend of the "Double M" structure continues, with prices testing as low as around 65700 before the decline began to slow. However, current market sentiment remains fearful, and the four-hour Bollinger Bands are clearly opening downwards, indicating that the short-term adjustment pressure has not yet been fully released, and the market still needs time to digest.
Looking at the hourly chart, recent candlesticks have frequently shown long upper and lower shadows, indicating intense battles between bulls and bears. Although still fluctuating, the pace of decline is no longer as smooth as before. If the lows are not broken again in the future, there is a short-term expectation for a technical rebound to repair.
There isn't much liquidity over the weekend, so it may be advisable to consider short-term long positions primarily.
$C $ON $4 #BTC行情 #Tether审计 #特朗普希望尽快结束对伊朗战争