8.4BTC/ETH Market View:

The monthly Bitcoin chart has not yet completed its pullback, but the weekly level pullback is almost there. Last week, the price broke below the EMA7, and this week it has reopened above the EMA7. Therefore, whether the gap on the monthly chart can be filled is very important for this week's movement.

On the daily chart, a strong bullish candle over the weekend ended the previous six consecutive bearish days. The price now stands above the upper and lower bands, with MACD bearish energy diminishing. After KDJ and RSI turned upward from a low position, they are currently running up. Whether the six-day pullback is complete or just a rebound to entice buyers will soon be evident. For short positions, today is also the last opportunity. If the market continues to rise, then the pullback is complete; subsequent shorts will need to focus on the recently pressured high point around 120,000.

On the short-term 4-hour chart, the price also stands above the middle band. The intraday strategy is mainly to go short at higher levels. The upper resistance levels to watch are 11,500 and 116,000. A short position can be arranged around these levels, while the lower targets are 114,000, 113,000, and 112,000.

Ethereum's rebound strength is greater than Bitcoin's. From 3,353, it has rebounded to around 3,560. The intraday strategy is also mainly to go short at higher levels, with upper resistance at 3,590, 3,680, and 3,730. Short positions can be entered around these levels, while the lower targets are 3,500, 3,400, and 3,300.

The market fluctuates up and down; bulls and bears always take turns. In thirty years, fortunes change, so what can be done is never to be a stubborn bull or bear. Instead, be flexible and shrewd in the market. There is no general who wins forever, only those who endure. Reduce leverage, manage positions, take small losses, and then hold onto winning trades. Gradually reduce positions, and through strict control, small gains can accumulate into significant profits! #加密市场反弹