From the daily level, the four consecutive negative lines are closed again, showing the strength of the bears. At present, the downward momentum is sufficient. The structure is still in a weak state. The moving average and various indicators also point to the bears. Then the market will continue to look at the continuation of the bears. In the four-hour chart, the three lines of the Bollinger Bands are open and running downward. The downward channel remains open. The short-term structure and indicators are in a weak state. Then in the early morning operation, keep the rebound short and participate!
Operation suggestion
Short the rebound of the big cake at 63500-63800, the target is 62700-62000
Short the rebound of Ethereum at 3130-3160, the target is 3070-3020
The above is a personal market analysis for reference only
Risk warning: the market is changing rapidly, and transactions need to be flexibly controlled.
Investment is risky, and operations need to be cautious!
