I have reminded you to sell your long orders last night and wait and see

On Monday morning, the price of Bitcoin and Ethereum fell rapidly, with a drop of nearly 100 points. Bitcoin also fell below the four-hour lower track support

Preliminary analysis shows that Ethereum broke down severely in four hours, and the rebound was weak. It pierced the four-hour MA360 moving average support below, which is also the daily MA60 moving average support. The current seven-hour break does not support our layout of long orders. From the perspective of the break range and the strength of recovery, Ethereum is likely to test the previous low again

Here, pay attention to the recovery of Ethereum in four hours in the white market. The line change at 8 o'clock still failed to recover and return to the Bollinger band, so short orders can be entered, and the target is near the previous low. After the line change, the recovery is completed, and then a low-long layout is made!

The idea of ​​Bitcoin is similar. It also pays attention to the recovery in four hours. No matter how much it recovers and stabilizes, it is short if it cannot recover. Pay attention to the support of 63000-62500 below!