The market price continued to fluctuate downward over the weekend. Yesterday, the price of Ethereum dropped to around 2400, and quickly recovered after breaking through the support of the lower track of the daily line. The price of Bitcoin was testing around 57000 but did not break!

The idea of ​​​​retreating low and long given on Saturday is also near these points. Friends who have opened positions are still making good profits. The retracement of Bitcoin near 57500 and Ethereum 2435 also successfully completed the defense!

So from the current trend, the rebound is still relatively weak, the high point is getting lower and lower, and Bitcoin is under pressure near the four-hour middle track. The price of Ethereum rebounded after hitting the bottom at the weekend. The current price also closed above the four-hour MA30 moving average, but overall, the upward momentum is still not enough!

Then be more stable. Long orders with profits can leave the market first, and you can continue to wait for the opportunity to retrace long orders in the future. The entry opportunity can be near the previous low, 57500-57000 for Bitcoin, and near the lower track of the daily line 56000, and enter the warehouse in batches! For Ethereum, focus on 2480-2430-2400 in batches!