Faith is the God within. It helps you dispel darkness, overcome fear, and defeat your enemies. If I were asked to choose one thing from infinity, I would firmly choose faith.
Since the heaven and earth needle first fell and then rose yesterday, the currency price has remained high and consolidated around 35,000. It is really difficult to get a large range in a market that does not continue to go up and bottom out. At this time, you cannot see clearly. In the long term and in the short term, we have always been looking at the idea of mainly short orders. Although it does not give us much space, we have the opportunity to take advantage of both long and short positions in the volatile market, so we don’t need to be too entangled. In the near future, it may be the leakage of ETFs. There is some rumors that Ethereum has reached 1900. I personally feel that it will not be long before it returns to 2000. My thoughts on today's early trading are as follows.
From a technical structure point of view, at the four-hour level, the Xiaoyin trend is downward, but the continuity is still too poor at present, but it is expected to continue in early trading. From a technical point of view, short sellers are actually increasing their volume, indicating that there is still some room for correction. Looking down, the trend of each moving average has begun to cross downwards, so from the overall structure, it is expected that the lower part of the early trading will give us room for a correction. If the current price around 35190 given yesterday is empty, friends who can keep up can consider closing when they see profits. Whether the intra-small range oscillation will continue today, we only need to pay attention to the pressure and support points, which are around 35300 at the top and 34800 at the bottom.
The shock trend is high and low and long
Bitcoin
Operation recommendation: short 35100-35200
The target is around 34800-34700. Defensively, focus on 35500. If the position is broken, look at 34400. If it does not break, just go long with the backhand.
Ethereum
Operation recommendation: Short selling between 1900 and 1910
The target is around 1880-1870. For defense, pay attention to the break of 1930. If the position is not broken, go long on the backhand if 1840 is not broken.
