Bitcoin and Ethereum failed to break through last night, and the price has fallen rapidly since early morning!
Bitcoin hit a low of around 66,600, and hit the middle rail support several times in four hours. Ethereum fell to a low of around 3,190, and quickly recovered after piercing the middle rail support in four hours
Last night, Bitcoin prompted to stop profit and wait for a retracement opportunity before entering the market. Those who did not leave the market also prompted to reduce their positions and wait for a retracement before replenishing them. Ethereum also prompted to reduce positions at 3,310!
At the same time, the opportunity for long orders to retrace is given. Cake pays attention to 67000 to enter the market, and Ethereum 3220-3200 can also give the opportunity to enter the market again. Both are profitable at present. Overall, the price failed to break through successfully last night, and the price quickly inserted a pin, but did not fall below the previous low support. The overall price is still within the range. After the decline and consolidation in the evening and the white market, the current price has rebounded slightly. The shadow line left by the four-hour multiple insertions has not fallen below the entity, which also shows that the bulls still have strong support here. In terms of the current trend, friends who have entered the long order can pay attention to the line change at 12 o'clock in the evening. If the line change price at 12 o'clock is still consolidating at the current price, then those who have profitable orders can leave the market first and wait for the line change to stabilize on Monday morning before looking for opportunities. If there is a small breakthrough, many orders can also find opportunities to leave the market first with profits. Those with rich positions can keep their positions and continue to look up! Ethereum's ETF must be a real positive. Even if some of it was released in advance in the previous hype, the market will boil again after the entry of real funds!
