At present, from the weekly level, Bitcoin and Ethereum also show a downward trend, with pressure levels of 58500-59000 for Bitcoin and 2550-2600 for Ethereum. From the daily level, Bitcoin is still under pressure at 58500-59000, with support at 57500-57000. The shorts have repeatedly tried to break through the 58000 line to test the next support of 57000. The daily Ethereum line is also under pressure at 2550-2520, with support at 2430-2400. This support is very critical. Whether the shorts can continue depends on the support here. If it is broken, it will move closer to the 2000 mark. From the 4-hour perspective, Bitcoin and Ethereum are in the rebound stage after the downward test. It is recommended to sell high and buy low for short-term operations, and wait for the trend to go with the trend. It is expected that the rebound in the white market has also come out, and the rebound can continue to short!
The strategy given in the early morning yesterday was to short Bitcoin at 58000-58500, with a target of 57000-56000, and short Ethereum at 2470-2500, with a target of 2430-2380. It was almost a current price order, and the morning target was basically all reached. The short order was steadily closed and left!
Operation idea: short on rebound!
Short Bitcoin at 58500-59000, with a target of 57500-56500, and a loss above 59500;
Short Ethereum at 2520-2550, with a target of 2450-2400, and a loss above 2570;
The strategy is time-sensitive, and specific private real-time guidance is the main focus!
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