Bitcoin and Ethereum Market Analysis

Bitcoin broke below the 70,000 mark the day before yesterday, and the price quickly adjusted, reaching a low of around 67,400. After hitting a new high position of 73,600 and forming a peak, the price has only retraced about 6,000 points in a few days. This provides a significant room for correction. Looking at the four-hour chart, the Bollinger Bands are expanding, and the MACD bullish momentum is waiting for a signal to accumulate and increase. A rebound trend is certainly expected, so pay attention to the support area around 67,800-67,300 for another long position. Ethereum also broke below the 2,500 mark the day before yesterday, and the price has been moving downwards. It touched a low of 2,412 around 11 PM last night, providing space for a rebound. Currently, the support level for the market is between 2,400-2,350. Similarly, wait for the second round of retracement near the support area below, and prepare to enter long positions in batches. For those dissatisfied with recent market operations, consult btc0297 and let's discuss the market together.

Bitcoin Trading Suggestions: Enter long positions around 67,800-67,300, target: 69,500-69,000, risk control: 66,800

Ethereum Trading Suggestions: Enter long positions around 2,420-2,370, target: 2,580-2,530, risk control: 2,320