Market Analysis and Trading Suggestions
BTC spiked in the morning but fell back 5000 points after a false breakout
Breaking below the short-term support of 102500, the daily horizontal structure is broken, and a bullish to bearish signal is evident
There is a high probability of starting a correction. The trading suggestion is to focus on short positions
Pay attention to the support at 101400-100700 below, with resistance on the rebound near the previous high
ETH declines without rising, and the daily chart clearly shows weakness, with a sluggish upward trend
Resistance on the rebound at 2410, if it does not break, the correction will continue, with a target below at 2270
Maintain a bearish outlook, be wary of continued weakness
Risk Warning: Increased volatility after breaking levels, operate with light positions and manage stop losses! #山寨季何时到来?