Ma Qian Pao Chen Ping An Market Point Sharing BTC.ETH 6.4
Good afternoon brothers, this kind of wide fluctuation is really something even the market makers would shake their heads at. Currently, Bitcoin is finding support at 105000, and Ethereum is expected to test upward at about 2580, possibly testing 107700-108500 and the range of 2680-2715. Still, it’s best to short at high points! The prolonged horizontal movement at high positions without retracing at the weekly level is definitely suspicious! The space for long positions is limited, so it's better not to chase blindly!
Back to the market, currently for Bitcoin, pay attention to not breaking below 105000 on the four-hour chart; as long as it holds above, there’s an expectation to test 106500-107700-108500. If it breaks below 105000, then look down at 103700-100500 for a rebound!
As for Ethereum
This thing is really too tricky, it spiked at night and then fell back to the 2580 support level and continued to rebound. The bullish trend is quite strong, and we should watch 2580 on the four-hour chart; if it doesn't break below, it will test 2650-2680-2715. If it breaks below 2580, then look at the 2520-2480-2450 range for a rebound!
For intraday operations
Still maintain the strategy of shorting at high points
Conservatively, you can set multiple short orders at the 107700-108500 range
To guard against 1096666
For Ethereum, set short orders at 2680-2715 to guard against 2788
Once the peak is successfully touched and comes down, at least it should yield a profit of ten thousand points; this is definitely worth betting on, especially since the space for long positions is limited and the risk is higher. Maintaining high shorts is not a problem!
This strategy is for reference only and does not constitute investment advice
It's up to you how to choose your direction!