1570854027309303578480 Short-term outlook is fluctuating, long-term view remains unchanged
The points given at noon are relatively aggressive, with the intraday market's fluctuating range moving down to 103000-101500. The low point of 101400 encountered resistance during the noon pullback, indicating that the volume during the Asian session is still insufficient. We should continue to approach it with a fluctuating mindset. Ethereum is gradually moving upwards; friends who opened long positions at noon may consider taking profits. A profit of 30 points is also quite good.
The bottom fluctuations on the four-hour chart are quite obvious. If the closing line continues to maintain the fluctuating range, digesting the volume from the Asian session, the lower band of the Bollinger Bands is still testing downwards, indicating that there is still room for certain pullbacks. Looking at the short-term one-hour chart, the KDJ golden cross, combined with the bottom divergence of the MACD energy bars, indicates that there is still some rebound space in the short term. However, the Bollinger Bands are currently in a contracting phase, with the upper high points moving downwards, and the short-term downward channel has not been broken. After the market rebounds, there will still be signs of pullbacks. In terms of operation, we continue to focus on seeing a pullback as the main strategy.
Bitcoin can be shorted near 103000-103500, with take profit around 100700-99500.
Ethereum can be shorted near 2490, with take profit around 2450-2400.