0106: The weekend's small positive cross star with shrinking volume, the overall fluctuation is not large. Lao Song's suggestion on Saturday is to go short at 98500-99000, and cover at 99500. Friends who are operating in the past two days should be able to take some short positions.
At present, the big cake hit the vicinity of 99000 in the early trading, and reached the range of the previous short position. In general, the bullish momentum is exhausted. A direct break of 99000-100000 requires volume cooperation. It is difficult to break a little bit each time, but it is not ruled out that the shock-type break will be pulled back to wash the chips.
At present, 55% of the altcoins in the market have increased more than Bitcoin. The altcoins have made up for the increase significantly. Friends who want to take long orders can adjust and place orders on altcoins. For Bitcoin operations, we should first look at the intraday strength. If the rebound continues to shrink, we can go short at 99,000-99,500 and add 100,000. The target is 97,000. If it breaks, we can see 96,200. We need to be cautious when operating under critical conditions. Steady friends can wait until it breaks or retreats before chasing.
For Ethereum, a key resistance level is around 3,720, which is not far from the current market price of 3,660. If Bitcoin chooses to break upward, Ethereum will most likely follow. In the past few days, the liquidity of Ethereum is generally stronger than that of Bitcoin. If Bitcoin retreats, 3,700 is a suitable position for going short. If it retreats, we can see 3,580-3,550.