Tuesday's Latest Bitcoin and Altcoin Strategy

Yesterday, our Kongdan strategy was once again validated. Friends who are holding positions should continue to pay attention today. If you have a position in Dàn, feel free to contact me for assistance!

Bitcoin's downward momentum is at its maximum, and with increased volume, the decline has directly handed control of the market to the Kong side. The four-hour chart is below the middle band of the Bollinger Bands, with multiple attempts to test resistance failing each time. The bears are weak, and the Kong strategy's continuation is still ongoing.

Looking at the MACD indicator, the clear bearish divergence signals are very evident. After the fast and slow lines form a death cross, the price continues to decline to new lows. The green energy bars keep expanding, indicating a full-scale breakout of the Kong force. Short-term rebound space is limited, and the middle band of the Bollinger Bands remains a tough barrier to break. The subsequent trading approach is clear: continue to confidently short on rallies, enter positions at resistance levels, and target previous support and the lower band of the Bollinger Bands.

Bitcoin 87,500-88,500 Kong, →86,000, 85,000;
Altcoin 2,960-3,010 Kong, →2,890, 2,800.

Personal opinion, for reference only, not investment advice!