$BTC In the morning, the price of the coin rebounded after hitting a low of 116492, reaching a high of 119730. It fell back to 117830 in the evening and rebounded to around 119200 for consolidation. Ethereum rose unilaterally during the day, fluctuating and climbing from a low of 3682, reaching a high of 3859 in the evening before consolidation. The "three longs and one short" of Bitcoin made a profit of 4114 points, and the same strategy of Ethereum gained 177 points.
Bitcoin showed a consolidation after bottoming out and rebounding during the day. The support of 116492 was strong, and the selling pressure near 119730 was obvious, and the long and short positions were in a stalemate. Ethereum has sufficient unilateral upward momentum, dominated by bulls, and performed better than Bitcoin.
In the short term, Bitcoin is expected to rush above 119730 if it defends 116492, and strong support will be seen if it breaks; Ethereum can continue to rise if it stands at 3800, and it may adjust if it loses. Opportunities and risks coexist in volatility, and we need to deal with them with caution.
The rise and fall of the K-line is the market's breathing, and chasing the rise and selling at a loss are common. Be patient and wait for the trend. Trading is to reconcile with greed and fear. Face it calmly, and the market will come.
Dabing suggests: Go long when it falls back to 117500-117800, and the target is 119500; go short otherwise.
Ether suggests: Go long when 3750 stabilizes, and the target is 3900-3950, stop loss at 3780, follow the trend and control risks.
