Yesterday's short position made a good profit. From the trend point of view, from last night to now, Bitcoin and Ethereum have continued to fluctuate in a narrow range, and have not been able to break through up and down.
From the current trend point of view, after Bitcoin and Ethereum fell yesterday afternoon, the price has been running in the middle and lower track of the four-hour market from evening to now. Bitcoin continued to be supported after falling to around 95200, and the declines stopped here many times. Ethereum fell directly to the support of the four-hour lower track and rebounded slightly.
From the current overall point of view, the overall rebound strength of the market after the decline is not enough. The four-hour After the middle track fell, there was no upward test, which shows that the bulls are not strong enough. Our intraday operation strategy is still based on high altitude.
For the rebound of Bitcoin, pay attention to the four-hour middle track suppression of 97,000 and the upper 98,000 to find short opportunities. The lower support can be seen at 95,200-93,000. The defense is still 500 points.
For the rebound of Ethereum, pay attention to the four-hour middle track suppression of 3425 and the upper 3500 line to find short opportunities. The lower support is 3300-3200, and the defense is 40 points!