From the overall perspective of the big cake market today, the market is of course bearish on this trajectory. From the midnight high of 63,800 to the evening low of 61,800, the overall decline space is more than 2,000 points, but the white market is basically dominated by the rhythm of tug-of-war; the big cake and too many orders given before midnight today, took down 681+21 points of space to leave, and the white market maintained a tug-of-war between 62,500-63,000. Suggestions were given for the short-term long and short layouts in the white market. This narrow floating tug-of-war market is relatively easy to do before there is a unilateral move.
Currently, the depth of the big cake's retracement is temporarily given to 61,800. The hourly level has been testing the support below. The stability of the staged support of 61,800 in the short term is acceptable. The low-level long orders below 62,700 given in the afternoon are still held. First, do a good job of defense, and then see the rebound strength after the market tests the bottom.
The current target point of Bitcoin is 63,000, and that of Ethereum is 3,450
