In the morning, the long positions were alerted to exit as they approached above 98000, and a wave rose to above 98200, but did not stabilize near 98000, instead starting to quickly explore downward space. We did not capture this downward trend but managed to seize the continuing strength of the bulls in the morning, securing an 800-point space. Ethereum also gained a 50-point space based on the post strategy, currently priced around 96400.

From the current market perspective, if Bitcoin does not form support above 96000 in the afternoon, it is very likely to further explore downward. Additionally, on the four-hour level, it has started to show an M-shaped trend. If the bottom does not provide strong support, it is highly likely to touch the 95000 mark again. Uncle Two believes that in the afternoon, we can wait for a rebound in the market to position for short positions.

Bitcoin strategy: Short near 96800-97200, target 95000

Ethereum strategy: Short near 3690-3700, target 3600#NFT市场回暖 $BTC $ETH