On Friday, the afternoon viewpoint is summed up in one word: "empty".



The current weak pattern has formed, with Bitcoin plunging to the 114,300 line and then rebounding to the 116,000 area under pressure, indicating insufficient rebound strength.

On the daily chart, there has been a consecutive 5-day decline, with a clear bearish trend. At the same time, the moving averages are trending downwards, dominated by bears. The MACD indicator shows increased bearish momentum, and the KDJ lines are all aligned downwards. Overall, there is a demand for further downward movement for the bears. In the 4-hour chart, the reversal signal is evident, shifting from strong to weak, and all indicators are centered around the bearish trend. Therefore, in this context, there is no reason not to align with the bearish momentum.

In the afternoon, refer to 1160, short near 1167, look at 1145-1130 #PI# .
BTC-1.75%
ETH-4.24%
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