#BTC
In the morning we talked about the overall downward trend of BTC. After the first round of decline, if the rebound stabilizes at 94300, there will be another small upward rebound. After BTC stabilizes at 94300, it will rise to a peak of 95149 and then slightly decline for a correction!
In terms of operation, we suggest focusing on short positions; the specific levels and direction are yet to be organized.
We are observing BTC's market trend in the afternoon: high-level fluctuations and consolidation, with the consolidation range between 94500-95100, the upper pressure point at 95300, and the secondary pressure at 95800 remains unchanged. Overall, we still focus on short positions!
ETH Review
In the morning analysis, we mentioned that the overall trend of ETH is biased towards decline, with a large range of sideways fluctuations and consolidation. After the first round of decline, there was a small rebound. If the rebound does not stabilize at 1810, the market will decline again. In the morning, ETH first rebounded to 1812 and then declined again, with a low point at 1787, then rebounded again to 1812 and declined near 1800!
Afternoon ETH analysis: ETH has entered a phase of consolidation and fluctuation, with the consolidation range between 1792-1815, with the upper pressure and support points unchanged at #ETFs .
