The pie plunged down to 59,000 yesterday and then quickly moved above 67,000. It continued to fluctuate in the range of 65,800~67,200 all day today. It is currently consolidating at a 15-minute level center. In the short term, we still have to wait and see whether the pie can return again. Go back to 60000, 58000 and other positions. If there is another pullback, there is a chance for a 4h level pullback.

BTC

In the short-term, due to the rapid changes in the market, the article can only predict the market changes at the moment of publication. Short-term players pay attention to the latest changes in the market. It is only used as a reference for the 1h level. Yesterday’s expectations were like this, and a 1h level was made. After the decline, there will be another 1h up and down move, and then the 4h level callback will end, and it will continue to rebound and hit above 70,000.

But what is more embarrassing at the moment is that the market has not even successfully made a 1h-level correction, and yesterday's drop was only a 15-minute level. Then observe the short-term to see if it can push back around 60,000 again. If it does push back again, there is a chance to get out of the three-stroke structure in the picture above and form a 4h level callback. We still have to wait patiently for how to proceed.

Again, if the upper level breaks through 68,000, the rebound will continue to extend, and the callback will not come out successfully. At the 15-minute level, after the big pie V reverses, it won’t come down for a long time. So the current continuous oscillation between 65,000 and 67,500 has established a 15-minute level center, and there is no clear direction for the time being. Let’s see if it continues to break through 68,000 and go above 70,000, or if it falls below 65,000 and goes back to around 60,000.

After ETH reached a new high yesterday, it continues to fluctuate between 3725 and 3900 today. I don’t know if it can break through 3900 again and reach around 4000. According to the trend of the pie, Ether should normally make a 1h level correction back to around 3450, but it is currently too strong. Generally speaking, the current structure is not easy to judge. In the strong trend state, technical analysis is somewhat ineffective, and there is no reasonable way to judge whether it will continue to reach new highs or go through a 4h level correction.

In this case, don’t think about anything. Just hold the spot with peace of mind. Don’t go short or chase long with high leverage. I guarantee that you will get good gains over time. The more you do it, the more clever you are, the easier it is to lose money.(v:x463292772）#BTC #eth，