$BTC Suddenly, like a winter wind overnight!
Bitcoin is currently in a temporary limit down adjustment. Figure 1 shows the downward trend line. Before it breaks through, the short-term can only look at a rebound. There are two key points.
---One of the key points is very simple, that is, to break through the downward trend line, and then continue to look at the rebound. Second, the second test of 99,000 cannot be broken, and if it is broken, it will go to the big target of 94,700.
---From a structural point of view, I think it is more reasonable to recover 103,333 and then go up to formulate a right-side bullish plan.
---If any K-line of more than four hours closes below 94,700 in the future, the rise of Bitcoin may end and enter a wide range of adjustment. The good news is that this may be an opportunity for the start of the big market of Ethereum.
$ETH 3530 is worth bragging about.
Also pay attention to the second test. Once 3530 falls below, Ethereum will go to 3260/3020 to find the starting point, and the exchange rate may also release a wave.