From the current market, the daily chart shows large fluctuations. The price rebounded at midnight, but it eventually closed with a small negative line. The weekend air traffic will fluctuate less, and the market trend will be flat. It opened near 56,500 in the morning, with pressure from 57,000. In the short term, the bulls have stabilized at 56,000, but it is still difficult to continue to rebound sharply and regain lost ground. From the four-hour line, the price rebounded after touching the 53,000 line. At present, the market fluctuated higher and stabilized near 56,000, which means the possibility of a reversal of the bulls. Technical indicators show that there is no obvious differentiation between the long and short forces, which is mainly due to the weekend. It is expected that the market will continue to consolidate. Considering the time node of the weekend, it is not advisable to expect too much fluctuation in operation. It is recommended to adopt the idea of oscillation first and make a decision after the break.
Bitcoin can be shorted at 56800-57100, with a target of around 55800; Ethereum can be shorted at 3020-3050, with a target of around 2890.
