Lao Jin: Bitcoin and Ethereum Today's Intraday Trading Strategy
From the 4-hour chart of Bitcoin, the trend chart shows a triangular upward narrowing channel, repeatedly hitting the upper trend line and being blocked, then it retraced after hitting it, forming a long upper shadow pointing downwards. Therefore, the main strategy is to short, unless it can stand firm at the trend line point of 107550 upwards for the third time today, then it will continue to extend the upward pattern. Ethereum follows Bitcoin in the same direction. Bitcoin: Short at 104000-104500, target 102500. Ethereum: Short at 3850-3885, target 3790.