Bitcoin ($BTC )
Current situation: From yesterday to today, the spot price of Bitcoin has fallen below the previous low of 56,500, and the lowest price has fallen to 55,000.
Key support position:
55,000: If it cannot hold today, the next big target position is 51,000-52,000-48,000.
Ethereum ($ETH )
Current situation: Ether is weak and has fallen to the bottom of the weekly sideways trading area.
Key support position:
2865: If it falls below this support area today, it will continue to fall, and the next big target position is around 2200-2300.
Operation suggestions:
Left-side position: The market is unstable, so take a wave and run, don’t be greedy, and set a moving stop loss.
Wait for stabilization: Wait for the market to stabilize before entering the market. The first factor for stabilization is the bottom sideways trading, and the confirmation from the small level to the large level.
