After giving a small rebound at midnight, Hangqin first ushered in a wave of downward exploration. The lowest price of CNY reached 62511, and the lowest price of ETH reached 3153. The rebound short idea we gave at midnight was also accurately taken again. CNY short Dan took more than 600 points of space, and ETH short Dan took about 30 points of space. After that, the price of the currency fluctuated upward all the way. In the early morning, CNY recovered to 64200, and ETH recovered to 3234. We did not make a cloth orange to rest.
The 4-hour level fluctuated around the established range. Neither the long nor the short continued well. The high was accompanied by a decline, and the decline was also accompanied by a high. The long and short switched back and forth. The strong market, the rapid retracement, and the rapid recovery. Once the high was reached and the low was closed, the next day was oscillation, or accompanied by further retracement correction. At present, the 4-hour tends to go through the retracement correction first, and the short can be caught in the operation. In the oscillating Hangqin, the entry point is more tested.
On Tuesday morning, Bitcoin can be directly shorted at 64200-64000, and the short-term target is 63500-63000. Ethereum can be directly shorted at 3235-3225, and the short-term target is 3150
