Fluctuating market, slow trend
After experiencing a breakthrough of 100,000, Bitcoin quickly retreated to 90,000 and has begun to slow down. The competition is quite intense, with the current quote around 98,300, and the Ether quote around 3,880. Is it possible to break upwards again? Personally, I feel that this week's opportunity lies tonight, but I am not optimistic. It is likely to continue the trend of fluctuating downwards during the day. After intense turbulence, what is needed now is time to repair the top. Pay attention to 99,000; this will be the turning point for Bitcoin. If it breaks through, the trend will continue, and there is hope to continue pushing towards 100,000. As for Ether, the key position is around 3,900, and it will be somewhat difficult to break through 4,000 in the short term.
Looking back at the market, Bitcoin's needle in the early morning seems to respond to the attitude of the market manipulators. The market has not consistently risen or fallen; when you think it should go up, reality often throws cold water on you. In the short term, I recommend that momentum is insufficient, and it is likely to continue to oscillate downwards. The upper focus is at 99,000, and for orange juice, just aim for a high position.
On Ether, there was fluctuation around 3,900 at noon, and later the 3,900 position was lost, subsequently probing to the bottom at 3,846. The actual holding is still in progress.
Currently, entering Bitcoin can only be described as not very rational; short-term operations should still focus on Bitcoin.
A rebound short position could also be operated.
Operation suggestions:
Bitcoin range 99,000-98,500, target can focus on 96,300.
Ether range 3,920-3,890, target can focus on 3,800.
If the breakout trend continues, you can keep looking down at #BTC☀ , #ETH🔥🔥🔥🔥 , $BTC $ETH .