Friends who have been following me and following my thoughts on Bitcoin/Ethereum in the past few days believe that the space they have taken is still good. In the morning session, we have once again arranged short orders at high levels and have once again taken a relatively large space. The current market is fluctuating sideways again. As of now, Bitcoin is around 67850 and Ethereum is around 3795. There is still room for the market to further explore, but there is no need to chase the short position at this position for the time being. You can wait for the market to further explore before entering the long position.

From the four-hour structure, the Bollinger Bands of Ethereum are not open at present, indicating that the continuity of long and short positions will not be very strong. In the short term, pay attention to whether the lower track line can form an effective support. On the daily line, the current market is fluctuating near the 7-day moving average. The 10-day moving average at 3780 below can see whether it can form an effective break. The effective support market will still have repeated fluctuations. The main reason is that the lower low point has not been broken during the period of the market rising. Ethereum has also moved up from the previous 3650 support to the 3750 line, and the low point is constantly rising. For Bitcoin, pay attention to the suppression of the 69000 moving average above, and pay attention to the support of the 67000 line below.

After the short position is closed at night, wait for the retracement before entering the long position. Long positions are entered near 67300 to 67600 for Bitcoin, with a target of 68500 to 69000; long positions are entered near 3750 to 3780 for Ethereum, with a target of 3850 to 3900, and 3730 and 66700 are defended.#BTC☀ $ETH