After Bitcoin broke through to 99,500 yesterday morning, it retreated sharply during the day, retreating to 95,153 to stop the decline, and then adjusted in the range in the evening. At the current short-term level, the rhythm of the shock is strong, and there is no strong continuity in both long and short positions. At this stage, the currency price is obviously weak to go down, and it is in a weak adjustment stage. While the upper pressure is obvious, the lower support has not continued to fall. It is likely to continue to maintain the rhythm of range shock and consolidation during the day. The strong pressure is still concentrated in the 100,000 mark. The short-term pressure is in the 97,200-98,500 area, and the strong support is 93,200. The short-term support is 95,000. At present, the market has no major negative or positive news, so it does not have the conditions for a big drop or rise. It can be treated as a range for the time being.
Ether fell continuously, and pulled back under pressure from the high point of 3515, and the lowest touched the low point of 3303. It has now successfully touched the lower track area of the small cycle to stop falling. The moving average has a clear roundabout pattern. The short-term support of 3300 is also very strong. The hourly moving average indicator is in a messy divergence after a pause. The short-term still needs time to pull back and forth. This small range oscillates back and forth. The overall situation is still in the process of conversion and adjustment. It is currently close to the low point of the range. You can rely on the support below to arrange short-term longs. The rebound space of the wave is enough. Combined with the market and the pattern, we can watch while walking!
BTC operation suggestions
96600-97000 short 97700 short cover 500 points defense target 93800
Ether operation suggestions
3420 short 3460 short cover 30 points defense target 3320
