Bitcoin and Ethereum will not break the range, and short-term fluctuations will not change.

Technical analysis last night showed that Bitcoin encountered resistance shortly after successfully breaking through 58,500, and the market immediately entered a correction phase. At present, the continuous downward trend does not seem to be strong enough to test the support level, so we expect the short market will not be too intense, and it is recommended to take profits between 1,000 and 800 points. Pay close attention to the closing of the European market at 4 pm. The short-term support level can be around 57,000 points.

Point suggestion

Operation suggestion BTC short-term: range 58,500-57,300, high-altitude low-multiple, break and then make adjustments

ETH short-term: range 2,388-2,320

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