#BTC After waking up, Bitcoin made a key move around 112000 in the morning, resulting in a rebound of about 2000 points. It seems to have reached a high point of 114000, and if it can't stabilize above this level, it will continue to retrace. If it breaks through and stabilizes, there is a chance to move towards the range of 115200-116000. Currently, it looks like Bitcoin won't fall below the previous low position quickly, but it will also be difficult to continue climbing. If it really breaks the previous low, it will take at least until next week. I don't see that happening today.
#ETH Ethereum hit a low around 3350. The key support level after breaking 3500 is 3320. If it breaks this level again, the second coin will go to 3100. For rebounds, pay attention to 3500; it needs to break 3550 to stop the decline. So the operation is quite simple: see if Bitcoin can effectively stabilize at 114000. If it stabilizes, Ethereum shouldn't be too careless. It’s wise to short in the range of 3520-3550 and set stop losses for breakthroughs.
Bitcoin has not broken through 114000, so consider shorting Ethereum in the rebound range of 3470-3500.
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