Morning market deduction

As Bitcoin rebounded from the monthly support level of 58594u, it has obviously weakened some of the air force's strength. At present, the four-hour level has entered a rebound market. If it continues to fall and stands below 61018u, it means that the rebound is over and the air force continues to be short.

Last night, it was mentioned that this is a conditional turning point for long and short positions. How can this rebound develop to understand that the air force is completely out of the game? The answer is that the daily line stands on 64230u. As long as the market price does not stand on this price, it is still possible to trigger the short market. Friends who are long should not take it lightly. At present, it can only be understood as a rebound, not a starting point.

Ethereum is expected to hit 3457u today. If this position rushes up and stands firm, the short market can basically be declared over. This will be the last pressure point of the daily line. Whether it can reach the right position today will be the key.

The support below is 3391u and 3335u. These two positions should also be paid attention to today. If it falls below 3335u, you can continue to short according to the buying point on the disk, otherwise go long. The living space of Ethereum Air Force has been squeezed by many parties and is very crowded.

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