Good morning everyone! Today's morning report + review is here. Did you make a lot of money yesterday? Did you enjoy the big drop?

Let's do a simple review. The idea of both long and short making money is a bit exaggerated. Yesterday morning, the long positions indeed took profit, and we set up high short positions in the morning. The big drop was quite severe, with a maximum drop of 6500 points. Ethereum first took a loss and then made a profit. The rebound in Ethereum yesterday was indeed impressive. I'm actually quite conflicted about today's market. Regardless, I still want to provide everyone with a direction and points. I only do short-term intraday trading, so you see the larger trends are opposite to mine. It's also normal to be contrary. I'm just a blogger sharing points for free. If you like it, please help by giving a follow!

The strong support at 9.5 for Bitcoin finally broke, leaking to around 92500 in the morning. That's still quite a bit. Let's first look at the support levels below: 94000, 92800, 91800, 91000. The short-term second strong support at 90,000 is very strong. The pressure above is at 95000-95500, which will turn into heavy resistance. 96300, 97000, let's stop here for now.

Ethereum's rebound and supplementary rise are extremely fast. There are currently no signs of shorting unless it's an excellent position, such as the 3520-3540 range. The stop loss isn't much, and the risk-reward ratio is very favorable. The support levels below are 3400, 3370, 3345, 3315, 3280. The pressure levels above are 3470, 3500, 3530, 3550, 3575, 3600. My points are very useful; feel free to use them as references. You can learn to make your own trades, such as shorting if the resistance level breaks or taking profit near support levels.

Summary of today's thoughts: Today is still suitable for low longs. It's uncertain if we can enter. If we can't, just take a day off. For Bitcoin, go long near 93000, with a stop loss if it breaks 91800, and look at taking profit around 9.5 first. If it can break and hold above, continue to look at 9.7w. For Ethereum, aim for stability with a long near 3370, or aggressively at 3400. Take profit at 3450-3500-3530, and stop loss if it breaks 3345. The risk-reward ratios are good trades. Let's see if we can get on board. If you have any questions, feel free to leave a message.