After the large coin price reached a new high in the previous period, it immediately underwent a deep correction again. Currently, the daily line has formed five consecutive bearish candles. With the start of the new week, the market will adjust again!
Returning to the real-time market, at the 4-hour level, with the continuous release of bearish pressure, the bottom structure has temporarily stabilized, allowing the price to have short-term rebound space, but the Bollinger Bands still maintain a downward expansion pattern!
Daily line, as the bulls lose strength, the bears are strongly counterattacking, and so far there are still no signs of a stop in the decline. At the beginning of this week, the possibility of the market continuing to pull back is very high! In summary:
BTC: Short around 68800-69300. Target: 67800-67300, Risk control: 69600
ETH: Short around 2495-2525. Target: 2440-2410, Risk control: 2555
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