For the current Bitcoin market, the hurdle of 65,000 is still very restrictive. It can be seen that the market basically ran back and forth between 64,000 and 65,000 all night, with short-term circuitous and repeated movements. Ethereum midnight first ran in a narrow range, and then gave a wave of retracement to 3412, and did not initiate a downward break at the 3400 mark; the bearish idea given by me at midnight is also in line with the market trend from the current point of view. Bitcoin midnight short orders once again took 721 points of space. Continuous profit is still a test of strength. For me, in terms of operation, it is not necessary to keep going long or short. Everyone has his own understanding and focus on the market. If you are confident enough, just stick to your own beliefs. If you are right, everyone will be happy, and if you are wrong, you must be worthy of yourself.
As for the current market, the daily structure is very obvious. The K-line has closed, which continues the continuous positive pattern. After the current morning market fell back and touched the 64,000 line again, it has rebounded to above the 65,000 mark. The daily line closed positive again with a long lower shadow. On the one hand, the support below is relatively clear, and the strength is temporarily stronger than the pressure above. On the other hand, the release of the momentum of the bullish trend in the short term is continued. In terms of operation, we cannot only focus on the impact of news and policies, but also make adjustments according to the changes in the real-time structure of the market. My personal thinking in the morning and afternoon is to carry out more operations.
Bitcoin: long around 65100-64600, looking at 66200
Ether: long around 3450-3420, looking at 3520
