Tuesday Morning, do not chase longs, first short then long in the Asian session
Is it getting tangled up? In fact, this kind of oscillating rhythm is the trading moment for retail investors. You can't hold on during a big rise, and you can't withstand a big drop. Overnight, it rebounded again, recovering around 95480, do not chase!
From a technical structure perspective, the hourly chart shows consecutive bearish candles pulling back. The main resistance is concentrated around 95500-96000, using this as a reference to initially open shorts, looking down to the 93000-92500 area, then we can go long at the lower point.
Ethereum is in sync with the rhythm, resistance is in the 3500-3670 range, support is at 3220, same mindset, first short to look for a pullback, then buy low later. The US stock market will be closed later, do not chase a one-sided market! #比特币市场波动观察 $BTC $ETH