$BTC $ETH

$ETH $BTC
Intraday Market Analysis

This morning, the Tehran incident caused the crypto market to crash~ A V-shaped false breakout and false breakdown! Even A Liang couldn't understand it~ The Qing Dynasty is done for again~

Looking at the charts:
First, let's look at ETH. As discussed in last night's live stream, don't short the first high point of the central breakout. The previous few patterns all had 2-3 high points. The price also reached the highest point of 2680. If night owls notice a divergence signal in the 15-minute chart, that would be my entry signal.

Now looking at BTC, I've said before that I'm not familiar with the 1072 level, so it's unlikely to be the intraday top. Late at night, it reached 1089, and the resistance at 109 is effective. However, the signals for Bitcoin during this time are not as operable as Ethereum.

The ETH price movement still hasn't closed above 2620, showing a false breakout and divergence, so it will likely perform weaker than Bitcoin going forward. The ETH/BTC exchange rate is definitely heading for a new low, which is why I prefer to short Ethereum while going long on BTC!

Ethereum will still have a chance to break the previous low and form a 4-hour divergence!

Intraday Operations:

Bitcoin: If the spike doesn't break 106, I still see a bullish trend, with a possibility of breaking above 1089, retracing to 106275. Stop loss at 500-700 dollars, please consider!

Ethereum (Martingale strategy): Starting position at 2590, doubling down at 2650, stop loss at 2685.

PS: The above analysis is all nonsense; it can only be observed, not touched!!!