Tuesday Morning Market Update
After a night of fluctuations, the cryptocurrency prices have once again experienced a significant correction,
reaching a key support level of 92600.
As of now, the overall market decline yesterday has exceeded 6000 points, and during yesterday's trading operations, the extent of the market correction was indeed unexpected, resulting in unfortunate losses of over a thousand points.
The current market situation has become quite clear, with both the daily and 4-hour charts closing with long bearish candles,
indicating a noticeable turning point in the market, and the trend is undergoing a transformation.
Additionally, from the current dynamics, the momentum still shows strong persistence,
therefore, in operational strategy, we should continue to align with the market trend and maintain high-level trading strategies.
Tuesday Morning Recommendations
Short Bitcoin around 94500-95000, targeting the 92000-90000 range.
Short Ethereum around 3470-3500, targeting the 3400-3300 range. #ETH🔥🔥🔥🔥 #BTC☀