Today's brief talk about BTC and ETH
Both Bitcoin and Ethereum have experienced three consecutive negative retracements
Bulls need to pay attention to two points
One: the emergence of a medium-sized positive line to break the current weak signal
Two: the emergence of an accelerated bottoming K-line
For ETH, this accelerated bottoming daily line must be below 2900 and then quickly rebound to form a daily line with a long lower shadow (focus on 2870-2820)
BTC also needs to be below 60,000 and then quickly rebound to form a daily line with a long lower shadow (focus on 59,500-59,000)
Focus on; Bitcoin and Ethereum cannot continue to fall.
Once a negative downward trend appears, it is possible that the price will accelerate to break through the previous platform support of btc56000 and eth2800 in the later stage
In summary: There is no need to participate in the short-term at present, so stay on the sidelines
