Today's midday analysis:

From the daily level, Bitcoin is moving in a head and shoulders bottom pattern. The left shoulder and head of the bottom have already appeared, and it is moving in a right shoulder pattern. The top of this round is estimated to be between 68300-68800.

At the hourly level, Bitcoin fell after three attempts above 65000 after rising on the expected interest rate cut last Friday. It is currently fluctuating in a narrow range of 63500-65100. There is strong pressure at the top, and it needs to step down to confirm the support before continuing to rise.

From the news perspective, Bitcoin rose nearly 5000 points last Friday due to huge positive expectations, and then went sideways at a high level. Small coins ushered in a collective take-off in the cottage season, but the amount of funds is difficult to continue to rise.

In the short term, 64600-64800-65000 are opened in batches, and 63800-63200-62800-62300 are closed in batches, and stop losses are hung above 65500.

Low long order point 62800-62200 batch long, stop profit 64600-65500-68000

Ethereum

The trend is weaker than Bitcoin, and it gradually falls back after rising. At the hourly level, open shorts at 2775-2785 in batches, and stop profit at 2720-2685. Stop loss is placed above 2810.

Low long 2685-2660-2640 distribution long, stop profit from 2750 to above 3000. #BTC #ETH #实盘合约