Tuesday afternoon, rebound without breaking is still empty!
Yesterday, the currency price bounced around 96,000 several times, giving a prompt to short, and reached around 92,400 as expected in the early morning. Those who followed the rhythm could definitely take advantage of two waves. Similarly, this morning, it was suggested to continue to reference 96,000 to short, the currency price rebounded around 95,480 and then began to retrace, with a low around 93,500, providing nearly 2,000 points of operational space. I ask, is that enough to cover the losses?
For the afternoon operations, although a rebound is currently given, it is not a reversal, and the pressure remains obvious. As long as the 4-hour downward structure does not change, the currency price will continue to oscillate downwards. The operational thought is very simple, a rebound is to short!
Ethereum, pressure remains in the 3,450-3,500 range, support at 3,200. Currently, it seems that there is little likelihood of a one-sided move in the short term, and it may oscillate repeatedly within this range, following Bitcoin, just focus on one direction!
Tuesday afternoon, Bitcoin rebounds in the 95,500-96,000 range to continue shorting, pay attention to the 92,000 line below, Ethereum continues to short near 3,450, and pay attention to 3,200 below. The principle of not breaking means not establishing, just follow the trend once it breaks.
