Yesterday, the price of Bitcoin was hit by the news and plummeted from 64,000 to 61,000, a drop of 3,000 points, setting a new low. Subsequently, the market showed signs of rebound and repair.

In the risk market, it is normal to fall due to panic. What is worrying is the continuous spiral decline caused by no obvious events. Therefore, as long as the current situation does not deteriorate further, it is not recommended to blindly chase shorts at low levels, and you can step back to support and look for a rebound.

Operational suggestions

Bitcoin fell back to the 61,200-60,800 range, and looked up to 63,000

Ethereum fell back to the 2460-2440 range, and looked up to 2550