The intraday market has completed, and the daytime price comparison remains stable, continuously operating within a narrow range until the evening when the US stock market opens, prompting a change in the situation. The evening data release saw a strong downward price comparison, resulting in a drop of around 2300. Our previously suggested short strategy can be said to have directly come to fruition, and the downward price comparison has also directly reached our target range, especially with Ethereum directly hitting the target point of 1730. Our winning streak remains intact.

From the current market analysis, despite the evening market experiencing a rapid plunge, the price comparison rebounded quickly afterward. It is worth noting that the overall trend on the four-hour line is still in a wide fluctuation at a high level, having tested the bottom support of the range again. Currently, it has formed a long lower shadow, indicating that the lower track support is solid, and the bottom of the range has strong buying strength. Based on this, the subsequent strategy could consider establishing long positions at low levels and observing the bullish strength in recovering lost ground.

Bitcoin: long at 93600-93300, looking at around 95200

Ethereum: long at 1770-1750, looking at around 1820