Short-term operation strategy and analysis of Bitcoin and Ethereum at night
With the current transfer of a large number of Bitcoins from Mentougou, the market selling pressure has increased again. From the technical point of view, the short-term rhythm of the daily line structure is still weak and downward. The moving average and the attached indicators have shown turning signals, and there is no effective rebound to change the current situation. The short-term rhythm of the 4-hour line is biased towards shock, and the long and short positions fluctuate back and forth with a small amplitude. Since the high 68500 area has fallen, there has been no effective reversal action in the market. The short-term rhythm is mainly based on shock and downward movement. Therefore, in a weak market, continue to maintain a high-altitude thinking. At present, the four-hour has fallen below the trend since the rise of 56000. After the short-term has been killed in large quantities, it is now in a shock consolidation at the 66000 line. The shape of the K-line is also in a bearish trend. Keep a good high-altitude operation in terms of thinking!
Short directly at 66600-66800 for big cakes, defend 66900, and target 65000-65200
Ether. 3460 directly empty, defense 3525 target 3375