Looking at the 4-hour Candlestick, the price has already fallen for three consecutive Bearish lines, and it is now at the lower edge of the previously drawn parallel range; both MACD and KDJ indicators are moving downwards, and the strength of the fall is continuing, with short positions still making a strong push. In the 1-hour chart, the price quickly experienced a big dump after reaching around 91000, indicating a downward trend in the short term, so the strategy should be to short on any rallies.
It is recommended to enter short positions between 86800-87500, with a target looking towards 85000-84000. Set the stop loss based on how much of a position you have bought, and don't let losses exceed what you can accept.
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Looking at the 4-hour Candlestick, the price has already fallen for three consecutive Bearish lines, and it is now at the lower edge of the previously drawn parallel range; both MACD and KDJ indicators are moving downwards, and the strength of the fall is continuing, with short positions still making a strong push. In the 1-hour chart, the price quickly experienced a big dump after reaching around 91000, indicating a downward trend in the short term, so the strategy should be to short on any rallies.
It is recommended to enter short positions between 86800-87500, with a target looking towards 85000-84000. Set the stop loss based on how much of a position you have bought, and don't let losses exceed what you can accept.