The half slope at $ETH is always the most crowded. You need to go to the top of the mountain to see a broader view and breathe fresher air. Effort can only get you a passing grade, but hard work can lead to excellence. With limited time, give your all to pursue your ideals. Today, the Bitcoin price surged strongly, breaking through the 120,000 mark. The price of Bitcoin reached a high of 122,348 but stopped and faced pressure. Currently, relative to the range value, it is close to the upper track, in a fluctuating adjustment market. After Ethereum retreated to a low of 4,184 in the morning, it began to rebound. The daily high reached 4,349 but stopped and faced pressure. Currently, the overall market's daily chart shows a weakening of rebound momentum. The second round of rebound we mentioned in the morning has all been achieved!

The 4-hour chart shows a quick upward surge. Bitcoin has not shown signs of retreat, and Ethereum made a slight pullback before pushing higher again. Currently, the overall market is in a high-level fluctuation and consolidation, unable to break through key resistance levels. Short-term trading is not a one-way trend but rather a back-and-forth tug of war. Therefore, today we will not blindly chase high positions. Old Chen suggests that we take a short position after a certain rebound in line with the market trend.

Bitcoin: Short at 122,800-122,500, Target 120,800

Ethereum: Short around 4,320, Target 4200#币安Alpha上新 #以太坊生态回暖 #特朗普允许401(k)投资加密货币