Bitcoin and Ethereum will further fall in the evening.
Bitcoin/Ethereum early session suggests to short in batches at the lines of 113300 to 113800 and 4300 to 4330. If the price rises to 4350, increase the short position directly. As long as there is no effective breakthrough at the line of 4380, the market will face pressure and fall back. The low points on the four-hour level are continuously moving downward, and the market rebound lacks strength, especially on the Bitcoin side, which has repeatedly tested the support at the line of 112000. Such repeated tests are bound to lead to a direct
View OriginalBitcoin/Ethereum early session suggests to short in batches at the lines of 113300 to 113800 and 4300 to 4330. If the price rises to 4350, increase the short position directly. As long as there is no effective breakthrough at the line of 4380, the market will face pressure and fall back. The low points on the four-hour level are continuously moving downward, and the market rebound lacks strength, especially on the Bitcoin side, which has repeatedly tested the support at the line of 112000. Such repeated tests are bound to lead to a direct