Last night, the overall trend was a volatile one. The upper high pressure could not be broken, and the low support did not fall through.
Last night, the long orders of 66200 bitcoins were reduced at 67200 to make a profit. Then the price fell, and the remaining positions were still damaged. Overall, it was still a small profit.
Ether 3430-3490 profited 60 points and left the market. The support at 3410 below was taken again, and the current profit was 20 points!
From the overall trend, some adjustments can be made in the recent thinking. You can sell high and buy low during the day. If the market breaks out, chase it. If it doesn't break out, just take profit and reverse. Overall, the current suppression and support are relatively obvious. After the consolidation during this period is over, it will be time for Ethereum to make up for the rise.
For Bitcoin, you can pay attention to the four-hour bottom support of 65,500 to take more. The bottom of Bitcoin has gone out of TD8 at the four-hour level. There is a small level of suppression above. The three four-hour closings failed to break through and stabilize. In the short term, there is still some room for retracement. Friends with rich positions can open positions at the current price and make up for it if it goes down. The target is 66,800-67,300, and the defense is 500 points!
For Ethereum, those who connected the long orders last night can continue to hold them, and those who failed to connect can continue to pay attention to the long orders near 3420-3400 and continue to enter the market. From the overall trend, except for the pin-point bottoming out last night, the bottom of Ethereum has always been around the range of 3410-3420 in recent times. The price will basically rebound here. The upper pressure of 3480-3500 is still relatively obvious. In the case of no breakthrough, long orders can take profit and reverse hands!
