Bitcoin's bull lifeline of 60,000 was not held after all. After breaking through 60,000 and 59,000, the downward trend of the market was unstoppable, and the lowest point of repeated downward spikes was 56,750. The decline of more than 3,000 points was really exaggerated. Ethereum also fell along with Bitcoin's rhythm after breaking through 3,300. The low point is currently 3,088. The market crash since this week has been so severe that the panic in the market is also very strong. During the sensitive period, we also have to pay full attention to the layout. After the key position has shown signs of loss, we must follow the downward trend to arrange the short position. The big cake and empty space arranged after the morning also successfully won a total of 2197+137 points of space under this market situation; the most essential thing to do in the currency circle is to make profits. The structure and form of the market only play an auxiliary role in judgment. After all, it can't resist the power of the trend. Regardless of the long-term market outlook, it is the right thing to follow the current trend to get your own benefits.
The decline in recent days has been so fierce that people have doubted the signals given by the market structure. The daily and 12-hour levels have been falling continuously. There is no clear signal to stop the decline after breaking 60,000. Although the shadow line has been closed during the period, it can be seen that the downward trend of the market has not been affected at all; although the hourly level has been given a continuous positive, it is difficult to influence the trend of the trend under the trend. In this way, the layout around the short position can still be carried out at midnight.
Bitcoin: 58000-58500 short, looking at 57200
Ether: 3135-3160 short, looking at 3080
