Good morning, everyone! Market analysis! Thank you for your support!

At night, some long positions were triggered by the positive news of Biden's withdrawal from the election, and the price rebounded to above 68,000. In fact, now it is time to take the second step. The second step is the double bottom target, which is 74,000-75,000, breaking the new high. It is hard to believe that this double bottom can be achieved. The first step of 64,000-65,000 will basically be reached, so I dare to say that I will hold a heavy position at 57,500-58,000. The second step will be more risky. . . . . If there is no positive news from Ethereum, I estimate that the bulls will consolidate and then rush, but if there is positive news from Ethereum, the bulls will directly take the second step. Now Ethereum has also begun to strengthen, which means that the resistance above 68,000 of Bitcoin has begun to increase. This requires Ethereum to pull Bitcoin and slowly grind the selling plate. Grind until it is almost done, then rush together... The second step feels risky, because it needs to break a new high... So it is better to operate now, if you enter a position within 66500-65500, that is, reduce a part of the position at 67500-68000, stop loss at 65500, and then do not move... Just bet on a rebound above 72000, because the bulls' target is 74000-75000, but you can't make money on the last point, because you don't know whether Ethereum can pull up the market, and you don't know how much resistance there is. This week, it is estimated that once the bulls choose to take the second step, they will rush, even if they rush down, as long as they don't fall below 65500, they will not give up... The rush to 70500 will also be suppressed, and I feel that it will still rely on the positive news of Ethereum in the future... But you can try as I said, and gradually reduce your position. The funds are currently pulled to one-fifth and eighty-nine. If there is some volatility, Ethereum can be strengthened and then slowly grind. If Bitcoin reaches the target of 74,000-75,000, Ethereum will have to be at least 3,900-4,000. So let’s just wait and see. It shouldn’t fall before Thursday, even if it rises and falls on Tuesday, as long as the target is not reached, the bulls will not necessarily give up. In other words, let’s wait and see. If you have any questions, just leave a message.。