After providing high-altitude ideas until early morning, I have been observing and did not enter the market. The reason for not participating is still the same: this market's high altitude is the most stable. After the big coin touched the bottom around 92500 early this morning, it has slowly recovered, and Ethereum has also shown a strong rebound. Therefore, for now, I still choose to observe and first look at the stabilization of 96500 and 3500 before making any changes! Try to create a follow-up layout to catch up! #btc #eth
From the current structure, the big coin has once again tested the support near 92000 early this morning and has now recovered to around 95000. It is evident that the rebounds given by the bulls each time cannot maintain a strong upward trend and are often under pressure. The bulls have not been able to show a strong rebound since yesterday, and the bulls' momentum and formation are clearly weakening, which indicates that the adjustment has not ended at least in the short term. Therefore, for the subsequent layout, it is advisable to observe the pressure situation to layout short positions!
The big coin is hovering around 95500-96000, expecting to see 92000, while Ethereum is hovering around 3440-3470, expecting to see 3100.