Today, Bitcoin is just one step away from 98,000, while Ethereum is sluggish, and altcoins continue to decline. Bitcoin's total market value is actually lower than when it was just above 90,000, indicating a large amount of capital is fleeing. Currently, Bitcoin is drawing blood from altcoins to rise, while many altcoin major players have already started to escape. Altcoins like Neiro are plummeting, and when Bitcoin crashes, the major players in altcoins will have completed their risk avoidance and will not flow back into altcoins in the short term; we can only wait and see how the situation unfolds over the weekend.

Bitcoin: The current rise does not have a large volume, but the market is still dominated by bulls, and the upward trend continues. Short positions need to be quick to enter and exit; a profit of around 1500 points is relatively safe to take. Currently, the focus is on going long on pullbacks.

Ethereum: This evening, the hourly chart retraced to 3060, dipped to 3030, and then recovered near 3060. It is still in an upward trend, and there is still a profit of 120 points in short positions from 3150 to 3030.

Bitcoin short entry point: Light short near 9.9, looking down to around 9.75-9.6.
Bitcoin long entry point: Light long near 9.52-9.48, add to long on a pullback to 9.4, target is 9.8-9.9.

Ethereum long entry point: Light long near 3060, add to long if it doesn't break 3000, add to long again if it breaks to around 2965, stop loss at 2885, target is 3150-3200.

$ETH

Yesterday, Bitcoin surged, but Ethereum is still fluctuating between 3060-3200. If Bitcoin pulls back later, and Ethereum follows, you can wait for a long position at 2965. The range between 3025 and 35 is also a support level, but theoretically, a support level won't hold for three times.
Bitcoin's heavy resistance is at 9.35-9.4. Today it pulled back over 2000 points and then rebounded, so I suggest going short at high levels. Ethereum is currently still high selling and low buying between 3060-3200, waiting for Bitcoin to show direction.

Bitcoin short entry point: Light short near 9.3, add short on rebound at 9.35, stop loss at 9.4, target down to 9.15-9.
Bitcoin long entry point: Light long near 9.1, add long on pullback at 9, stop loss at 8.95, target up to 9.3.

Ethereum short entry point: Light short near 3150, add short on rebound at 3200, stop loss at 3240, take profit at 3060-3025-2885.
Ethereum long entry point: Light long near 3060, add long if it doesn't break 3000, if it drops below, add near 2965, stop loss at 2885, target up to 3150-3200.

Recently, Bitcoin has repeatedly attempted to break 93 but failed, and there is strong selling pressure above. Therefore, it is possible that 9.3 could be the peak for this round, and it is recommended to short at highs.
Ethereum's sharp rise this morning can trigger a short squeeze, currently oscillating between 3200-3050 with both longs and shorts suffering. As long as it does not stabilize above 3200, it is advisable to open a short position close to this level.

Short position for Ethereum: Near 3200, a light short position can be opened, initially targeting 3050. If support holds, take profits; if broken, look for 3000-2885.
Long position for Ethereum: A light long position can be entered near 3050; if 3000 is broken, stop loss immediately, targeting a breakout at 3150 to aim for 3200-3400.

Short position for Bitcoin: A light short position can be opened near 9.2, and can be increased near 9.25. If it breaks 9.3 and stabilizes above, set a stop loss, with take profit at 9-8.9, and if broken down, look for support at 8.7-8.6.
Long position for Bitcoin: A light long position can be opened near 8.9; if 8.7 is confirmed broken, set a stop loss, with take profit around 9.2-9.3.
$BTC

The lowest price of the second cake only reached 3043, and it was a pity that the 3035 price was not received. The highest price of 3127 had a profit of more than 80 points.
The lowest price of the big cake only reached 8.87, and the 8.7 price was not received, so there was no choice but to buy at a relatively good price. After all, a downward correction would be initiated if the price broke through.

At present, the price of the big cake remains above the daily MA5 average, and the pressure level near 9.18 is the pressure level of last weekend. Short-term short orders can be opened near 9.18-9.15, and the stop loss is 9.28. 9.35 is a new high pressure. If it breaks, it will rush to 9.5, so there is no need to take a chance. If it breaks, the loss will be greater. The stop profit is 9-8.9.

The price of the second cake still maintains a shock adjustment above the daily MA256 average, and the rebound strength is limited. For short-term short positions, try to stay close to 3200 for stability. If you are afraid of missing out, you can enter at 3150, and set the stop loss at 2330-2350. The take profit is 3100-3050, and the price will fall below and then look for a callback. The medium-term view is still 2885.

Second cake short position: close to 3200, you can lightly short, short-term first look at 3050, 3000 support can be taken profit if it is not broken, and the medium-term view is 2885.
Second cake long position: 3035-3015 light long position, 3000 broken directly stop loss, support up to 3060-3100.

Big cake short position: light short position around 9.15-9.18, 9.28 stand firm loss, take profit at 9-8.9.
Big cake long position: 90,000 light long position if it is not broken, 8.9 break loss, take profit at around 9.18.
$ETH

On Thursday and Friday, the US stock market fell sharply, and ETFs were all net outflows, but the big and second cakes were very strong and had been fluctuating in a wide range. This is not a normal signal. Be careful of the possibility of a deep correction next week.
We also detected that multiple high-throw addresses were being transferred in, from 34 to the second assault to 32. The second cake was slightly tired. If we look at the third brother and the big cake at this moment, I am afraid that the correction is just around the corner.
From the daily chart, the overall market continues to run above the MA256 daily moving average (3060). If it fails, it will fall into a correction test of the weekly MA30 moving average (2960). It is still bearish at present, and the break will see 2885.
That is to say, we may make a slight long position at 2885. At this moment, we still have a short position at 3211. The corresponding big cake has repeatedly hit 915 and has not stabilized. It has tested the support of the range of 86 to 87 once. If it breaks, it will dive to the beginning of 7.
Since the ETF was connected, the volatility of the big cake and the second cake has become extremely large. What used to be completed in a week has now been completed in one day. At present, I am still bullish in the long run, but there are still 2 months before Chuanzi takes office. I hope everyone can keep their chips and wait for the arrival of the bull market.
Open short position: 3200 can be lightly shorted if it does not break, short-term support can be stopped if 3000 is not broken, and medium-term support can be 2885.
Open long position: 3035-3015 to open long, 3000 is broken and stop loss is directly stopped, support is up to 3060-3100.$BTC

BlackRock was buying bitcoins like crazy before, it seems like it has unlimited bullets, currently the net inflow of ETF is 2.1 billion dollars...
If the short positions of 6.6-6.8 are to be killed, it should reach 8. At present, it is sideways instead of correction. If the previous high is broken next week, the air force will probably be disappointed. At that time, no one will dare to let the air force get on the train. Pull it to the target dog dealer, spot retail investors and institutions will sell together and then quickly smash it down and wait for Chuanzi to win and continue to pull?
I am very worried about this script. I feel that the dog dealer will be very happy after the ETF is connected#BTC要挑战7W大关了吗？