Summary of Bitcoin and Ethereum in the afternoon:

In summary, this wave of market is a blast to the technical school!

The 1h level directly pulled Bitcoin by more than 3 points

Ether pulled by more than 4 points.

Why?

This is during the day, Asian forces pulled the market, most of which are Huamen clearing contracts! $BTC $ETH #BTC能否站稳6W4 #meme超级周期

Most technical schools will choose 62500-62800-63100 to short. Because the weekly level formed a two-day decline trend, breaking the previous low! And the daily level closed the previous Yin K, the highest point is around 63450! So the main force exploded the shorts at 63500, and then found that retail investors were gradually deploying heavy short positions at 63500-63800-64000 (especially 64000), so the main force continued to pull the market. Exploded the shorts at 63500-64000!

After a small wave of sideways trading, it continued to sprint to around 64500, and then fell back! Currently hovering in the range of 64100-64400!

Why?

Because 64500 is the previous high of the weekly line, which is around 64450-64488!

Many technical short sellers will also put the stop loss at around 64488!

So it is another accurate explosion!

At present, it depends on whether the shorts at this position have exploded?

Have all the bulls rushed into the market?

When there is an imbalance between long and short positions, the bulls are trapped ~ the bulls are exploded

The situation of long and short double explosions!

At present, it depends on how the market goes? Whether it follows the script!