Analysis of yesterday's market situation:
At present, the market continues to maintain a high level of consolidation, and special attention should be paid to the time nodes of the past two days.
On the one hand, the good news of Ethereum may turn into bad news after landing, after all, this breakthrough is mainly driven by Ethereum.
On the other hand, Bitcoin, which has rebounded since 56552 points, has entered the third central structure, and may appear A after breaking through the secondary high of 71500 points or the new high of 72000 points.
The intraday consolidation belongs to the second central of the secondary level decline. Due to the long duration, it can be inferred that it is about to end. If so, there should be a sprint to the secondary high or new high tonight and tomorrow. Ethereum is still excited, after all, the good news is mainly related to it. The K-line of the 4-hour bottoming out and rebound just now shows that it is expected to rebound to a new high again. Therefore, there is no logic for short positions in the market in the short term.
