🍊1.1 Daily Market View.🍊
$BTC Viewpoint:
The script is still yesterday's script, first up then down, this has been repeating for several days. It always gives you hope and then shatters it.
Bitcoin volume breaks through 93921, the hourly closing price is above 93921, enter long on the right side and recover the stop loss.
93588 volume breaks down, unable to recover on the rebound, enter short on the right side and recover the stop loss. Pay attention to changes in volume.
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Pullback to 93028, false breakdown, recover with a light position long one lot, stop loss if it breaks 92461. If there is no false breakdown recovery action, do not go long.
Bitcoin must break and stabilize above 94332 on the hourly level to look upward at 95292-96414. If it cannot break through, the probability of a decline is high.
Above, pay attention to 95738, if a 2b false breakout occurs, short one lot with a light position, if it breaks and stabilizes at 96300, must stop loss.
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The 4-hour level high is decreasing, and it has not yet created a lower low. If the 4-hour level breaks 93237, then continue to test 92508-91835.
Conservative types wait for 91961 to go long, stop loss if it breaks 91500. Don’t think it won't reach, it could be a sharp move. Remember to go light on the left side.
Above pressure levels: 94473-95207-96640
Below support levels: 93147-92247-91510
Bitcoin won't reach the target and will keep doing false breakouts before falling back. Unless Bitcoin spikes to 89757 to activate the buying pressure below, it won't break the current situation.
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$ETH Thought:
The second Bitcoin volume breaks through 3362, enter long on the right side and recover the stop loss.
Pullback to 3330 to confirm support is valid, long one lot, stop loss if it breaks.
3330 volume breaks through, enter short on the right side, recover the stop loss.
The second Bitcoin is also dangerous if it stays in this range, it must break 3385 on the hourly level for a better upward movement to first look at 3410-3445.
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For the second Bitcoin, pay attention to 3458 to short one lot, stop loss if it breaks 3491.
Left side orders: 3311 to go long, stop loss if it breaks 3280.
The second Bitcoin currently operates within a box at the 4-hour level, it can't go up or down; the upper and lower boundaries of the box are set, you can do high sell low buy.
Above pressure levels: 3368-3407-3437
Below support levels: 3329-3302-3270
On the daily level, the MACD fast and slow lines have all dropped below the zero axis, bears are the main force, shorting is the primary strategy, and going long is secondary. Meeting adjourned.
