Analysis of Bitcoin and Ethereum operation ideas in the early morning of Wednesday, October 16:

Looking back at last night, the market trend was really thrilling! After the opening of the U.S. stock market, Bitcoin rushed straight to 67,900, approaching the 68,000 mark, but failed to stabilize after breaking through the 67,000 pressure level, and was instantly reversed by the short force and fell to 64,700!

This wave of decline is obviously to clean up the bulls above 67,000, but after the decline, the bottom formed support, and then V-shaped reversal and pull up again, and now it has returned to the 67,000 mark. This shows that the bulls are still strong, and it is only a matter of time before the upward breakthrough resistance!

In terms of early morning operations, we should remain cautious and consider taking more when retreating to a low level.

The early morning operation suggestions are as follows:

Bitcoin: Consider taking more in the 66,000-65,500 range, with a target of around 68,000-69,000.

Ethereum: Consider going long in the 2530-2550 range, with the target around 2650-2700. $BTC $ETH #BTC能否站稳6W6 #美国大选如何影响加密产业？ #BTC☀ #ETH🔥🔥🔥🔥