Market Analysis

BTC: The four-hour MACD of Bitcoin broke away from the divergence. There is no signal of a major turning point at present. Therefore, the shock market after the sharp drop is the main tone of the short-term. The current market is still mainly oscillating around the position of 61,000. It may continue to test the support level of 60,000 at night. The upper pressure level is 62,500 and the support level is 60,000.

ETH: The rebound strength of Ethereum during the day is not large. It is basically a range of 3300-3450. The market failed to break through the position above 3450. The short-term market is still mainly oscillating. Continue to wait for the signal of market reversal. The upper pressure level is 3450. The support level is 3300.

Strategy: Bitcoin Ethereum is mainly operated by selling high and buying low. The overall cottage sector rebounded well today, but this wave of bottoming rebound has not confirmed whether the market has rebounded. It is recommended to reduce the position appropriately for heavy bottom-fishing. Beware of the risk of a second bottoming out in the market. Pay attention to the MEME and SOL ecological sectors and L2.