The decline ultimately failed to complete the recovery upward

The price of Bitcoin and Ethereum continued to fall again in the evening, and the four-hour level broke again. The long orders we entered below have completed profit reduction at the first target point. So from the current trend, we can still keep the bottom position and switch from short-term to medium-term layout

From the current trend, Bitcoin and Ethereum prices may fall again. The four-hour breakout continues. The Bitcoin 64,800 long orders and Ethereum 3,380 long orders shared at noon are still held

Here, the priority is to pay attention to the support level of the daily line. If it falls again, there is a possibility of exploring the middle track of the weekly K. Bitcoin can pay attention to the support strength of 64,500-64,000. If the price goes down, you can pay attention to it to cover the position. The position is well controlled and with a thousand points of defense, this round of target can be seen above 70,000!

The current price of Ethereum still shows a breakout trend in the four-hour period. The short-term support below is still around the four-hour MA360 moving average of 3375, which is also the lower track support of the daily line. The mid-term replenishment point focuses on the previous low of 3340, and the defense can be placed at 3270 (weekly Kf Fibonacci 0.618). The target of this round can be seen at least 3700-3900!

Next month, the spot ETF of Ethereum is likely to be approved. Under such favorable conditions, the trend of Ethereum will exceed that of Bitcoin in the short term, so you can look forward to it!