Yesterday morning, Bitcoin and Ethereum surged again, but the subsequent overall upward movement was weak and the price fell rapidly in the evening. This morning, Bitcoin and Ethereum prices fell again due to the news.

Then in the articles on the weekend and Monday, it was also mentioned that the current overall trend is that Bitcoin 59,000-60,000 is an opportunity for rebound shorts, and the lower 56,000 is an opportunity for retracement longs, and 57,500-57,000 also provides a step-by-step sharing of ideas, so the current trend also provides opportunities, and Ethereum is a The previous low was broken and the lower rail support of the daily line was directly pierced. The decline was still quite deep.

From the current trend, the daily level of the big cake bottomed out, and the TD9 reversal signal came out from the bottom. The recovery speed after the four-hour level pin was still relatively fast. Friends who took more at 56,000 can give priority to looking for opportunities to exit the market near the rebound of 57,500. Friends who entered the market in batches above can also pay attention to reducing their positions here first. At present, the upper pressure is around 59,000-60,000, and all exits can be made here!

From the perspective of Ethereum, the daily level pierced the lower rail support and recovered quickly. The recovery speed after the four-hour pin was also relatively good. The rebound strength was slightly weaker, but the overall price was gradually recovering, and it recovered quickly after the pin. Basically, there was a round of bulls on the news. Then those who didn’t enter the long position before can try to bet on a round of rebound here. The target can be seen around 2430-2480 first, and defend 40 points!