Yesterday, Bitcoin's short positions were strong, and the short pursuit was realized as scheduled. Since near 66500, it has started to fluctuate downward to a low near 64600.
Ether dropped simultaneously from around 3040 to around 2922. Both shorts have reached the target position in the article, with the strategic pie taking 🥩1100 points, and the ether taking 🥩120 points.
At today's opening, the daily line stood firmly at the 65200 mark, which is the low support for the current volatile market. As the bottom reached yesterday evening and midnight, the K-line trend clearly broke through downwards, and the short-term power was concentrated. The lowest point almost touched the middle track of the Bollinger Bands. Then there were signs of rebound, and the rest trend began to appear.
Wednesday's rise benefited from the positive support from the news. Relatively speaking, the strong downward trend shown by the bears lacked strong data to support it. Therefore, we remain optimistic about the continued release of bearish power.
The market is currently in a period of shock and rest, with short-term resistance at 65,500 and important resistance near 66,500. During the day, it is still recommended to mainly operate at high altitudes. It is currently rebounding to a position near 65300. You can chase short directly at the resistance level, and look at 64000.
Bitcoin is chasing shorts in the 66000-66500 range, looking down to 63000; Ethereum is chasing shorts in the 2980-3010 range, looking down to 2830. #ETH #BTC🔥🔥🔥🔥🔥