At present, from the daily level, Bitcoin broke through the 68500-68000 line after 4 consecutive days of side-by-side trading. As mentioned earlier, this can be regarded as the watershed between long and short positions in the short term. After the break, the support level will turn into a pressure level again, that is, 68500-68000, and the support below is 67000-66000. After testing the new pressure level, if it fails to recover, the next step is to further test the new support level. Similarly, Ethereum has also broken through the 3780-3820 line, which will be transformed into a pressure level in the future, and the support below is 3720-3650;
From the 4-hour level, Bitcoin has reached the support level of 67000. Judging from the current rebound strength, the probability of subsequent breakouts is still relatively large, and the short volume below is also continuing The next support is 66000, and the short-term pressure can be seen at 68000-68500. The support below ether is 3720-3650, and the short-term pressure can be seen at 3780-3820;
As mentioned above, the current market is showing a downward trend after the high, and it is expected that there will be further testing of support in the future. Therefore, it is possible to sell high and buy low in the short term. After entering the short position in the white market, it successfully walked out of the short-selling expectations. The target position is 68500-67500 for the big cake, and the ether 3800-3750 line is also accurately reached. As for taking back long orders, the rebound strength is still relatively weak. If you are aggressive, you can try to take back long orders with a light position to see the pressure level test situation. If you are prudent, you can ambush short orders near the pressure level and look for new support again;
Operation ideas suggest shorting near the pressure level!
Bitcoin short at 67800-68300, target 67000-66000, stop loss above 68500;
Ether short at 3780-3800, target 3700-3650, stop loss above 3820;
The strategy is time-sensitive, and specific private real-time guidance is the main focus!
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