After the intraday market hit the high of 106665 in the morning, the price fell back to around 105000. The intraday is basically in a fluctuating operation as the main rhythm. After the white plate hit the high, it ushered in the consolidation stage. The trend of Ethereum is basically the same as that of the big cake. After hitting the high line at noon, it also retreated, and then began to fluctuate. The bullish idea we gave in the afternoon is still being held steadily. There is not much movement in the white plate to prevent the price from being rectified in the evening. In the evening, we still treat it as a retracement to do more.

From the four-hour level line, the market turned from positive to negative. After the intraday high, a long shadow line was also ushered in at a high level. It is inevitable to retreat and consolidate after the high. If the hourly level falls below 104000, we are still bullish. At present, although the current correction trend has ushered in, it can be clearly seen that the shorts are weak. The bulls are still the main rhythm. The short-term correction cannot affect the change of the trend. We can pay attention to the correction situation in the evening and then participate in low-long. Keep your head clear and grasp the right time to enter the market.

Operational suggestions

Bitcoin can be bought around 104000, target 105500

Ether can be bought around 3900, target 4000

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