In the afternoon, the price ratio fluctuated downward first, and then rebounded and pulled up. The high point of the big cake reached 60197, and the high point of Ethereum reached 2552 at the same time. When the price ratio reached the entry point, we observed that the long volume was still relatively strong. We did not rush into the real market, and waited for a while to wait and see. The strategy is time-effective. If the market trend changes, our layout will be changed. This is understandable. Of course, since we notified the real market in time, the real market did not cause any losses.

From the current market, a wave of pull-ups in the evening caused the market to change. The market sentiment on the daily line has eased. The previous decline space on the four-hour line has recovered more than half, and the signs of stabilization on the market are more obvious than before. The 60,000 mark on the hourly line was broken, and the price ratio rebounded from around 58600 to 60008, showing a V-shaped reversal in the short term. The short-term trend of technical indicators has weakened, the short-term trend is biased towards bulls, and the medium and long-term trend is still biased towards bears. We will arrange the orange around the idea of ​​​​retreat more.

Bitcoin 59500-59200, target around 61000

Ether 2490-2460, target around 2580

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