Ether is timid when it rises, but it takes the lead when it falls!

The price of Bitcoin is pulling back and forth between long and short positions during the day, and the price trend can still continue. The trend of Ethereum is too weak during the day, and the overall space is only 20-30 points.

After Bitcoin dropped below the MA240 moving average support at noon, the price rebounded and rose. It fell under pressure at 67800 in a short time. After Ethereum dropped below the lower track support of the Bollinger Band at noon, it rebounded and rose. It continued to be under pressure and stagnant at the 3510 line. The current price fell under pressure and came to around 3480 again.

The long order ideas given in the morning, Bitcoin is still partially profitable, and Ethereum is near the cost position Recently, we should pay attention to whether the short-term support can complete the support and rebound. The four-hour level has fallen three times and failed to break through the lower support. The initial support strength is still good.

Conservative friends can leave the market first and observe the support situation before entering the market. Aggressive friends can still keep their positions and continue to look up, and take good defense.

If Ethereum falls below the current support, the price will fall further on the support of 3455, which is the four-hour MA240 moving average support. If it falls below here, it will look at the four-hour lower track support of 3410 and the daily MA60 moving average support of around 3350!

The support below the big cake focuses on 66800-66000, and the key support below 65600. The downward force in the recent trend has not tested this support. In most cases, the price has stopped falling and rebounded when it reaches the 66000 range!

In terms of overall thinking, as long as the short-term support below is not broken, short-term longs can still hold up. If the support entity is broken, the short-term trend will usher in a change from long to short!