Last night, the price of the currency dropped to a low of 95153 and then stopped falling. It started a period of oscillation and consolidation. And as of today, the price is still in a range of oscillation. There is no breakthrough. After the baptism of short sellers in the past few days, Ethereum also rebounded today.

​From the current market, it is still in a state of shock. The Bollinger Bands and MACD do not show a clear trend. At present, the persimmon market has not been greatly affected by the news of positive or negative news. The focus of the day is on the short-term upper pressure of 98,000. It is necessary to focus on whether the support level of 95,000 can be maintained. If the US stock market is effectively broken before the closing, the subsequent downward target can be seen to 93,000.

Operational suggestions

Pie can be shorted near 96,500, with a target of 93,000

Ether can be shorted near 3,400, with a target of 3,330

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