The short-term volatility on Monday was large. After the morning retreat, it rebounded strongly in the afternoon, changing the rhythm of the retracement. The short orders of this layout were directly swept away, leaving no chance at all. Then, after the break, the loss was swept away directly. It was too fast and did not give any reaction opportunities. After the break, it was directly followed by more orders. In the evening, it was powerless to go short again after the high. It was still relatively perfect. There is no need to say more when facing such a big rhythm. All you can do is to act decisively, otherwise it will be easily washed out by the market.

The technical structure has not changed much. After all, the weekly line has just started, and there is not much structure to speak of. The daily line has opened a continuous positive pattern again after bottoming out. The more powerful middle shadow positive line is also full. Before the top adjustment pattern of the high and fall appears, it is expected to maintain the rising pattern, but the short-term is still in adjustment. In the short-term cycle, the retracement after the upward rush is basically a correction. There is a retracement action in each round of high rush. The short-term retracement can be followed by more.

On Tuesday, short-term Bitcoin short-term retreated to around 70200-70700, with a target of around 73000. Ethereum focused on 3630-3660, with a target of around 3800. #BTC、 #ETH🔥🔥🔥 $BTC $ETH $BNB