After bottoming out on Friday, Bitcoin and Ethereum continued to fluctuate and fall yesterday. Ethereum dropped to around 2820 at the lowest point. At present, it has not fallen below the weekly K range.
Of course, from a macro perspective, the monthly K of both Bitcoin and Ethereum is not very friendly to bulls. As far as the current morning trend is concerned, a second bottoming out is a high probability event.
Today's idea is mainly based on Ethereum, and we can enter the market after waiting for the second confirmation. In terms of specific operations, Ethereum can go long when it sees around 2810 for the first time today, and it can be held at 100 points as the target position!
In this market full of variables, we must remain patient and wait for the best time to enter the market.
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