The price of $ETH fell from the high point of 120082 to the low point of 117689 in the morning, and then fluctuated upward. It hit the high point of 118787 and then fell under pressure again. At present, the price has fallen to the low point of 117850 and is running. The big cake Duodan idea given in the morning successfully pocketed nearly 900 points of space. Ethereum oscillated synchronously but the rebound was obvious. It rebounded quickly from the low point of 3311 to the high point of 3444 in the morning. The Ethereum Duodan arranged in the morning successfully made a profit of nearly 100 points.

Technically, the 117500-117800 area has become a short-term key support zone. If it stabilizes, it is expected to test the pressure range of 118500-119000 again; if the support of 117000 is lost, it may further test the previous low of 116000. Ethereum 3380-3400 constitutes a short-term support range, and 3440-3460 above is a short-term resistance. After breaking through, it may challenge the psychological barrier of 3500. The overall market is in a technical correction stage. The short-term trend of Bitcoin and Ethereum will depend on the defensive strength of key support levels. It is necessary to focus on the support strength of 117500 and 3380, and pay attention to the linkage effect brought by the fluctuation of the US stock market. It is recommended to maintain a flexible operation idea, strictly set stop loss, and guard against the risk of high profit taking. The current market is more suitable for short-term swing trading, and wait for clearer direction signals before arranging mid-term positions.

Bitcoin suggestion: multiple targets near 117500, 120000

Ether suggestion: multiple targets near 3400-3420, 3500-3520#币安HODLer空投ERA