Tonight, the market is flooded again

Good afternoon, another day has passed this week for BTC.ETH. Today's market analysis

What kind of market is the hardest to trade? Clearly seeing the market rising and falling, yet unable to muster the courage to keep up with the rhythm; aside from a sigh, nothing has changed.

BTC: Yesterday's public strategy was to enter long positions around 1147 with the first target at 1162, breaking through to look for 1168. The highest point reached was 1169. Yesterday's market remained in slight fluctuations, with the lowest point after the European session dropping to around 1146. In the evening, the U.S. stock market opened and continued weak, starting to slowly rise to around 1147 and continuing to test back. It hovered near the support at 116, accumulating funds. Strong capital entered, and Bitcoin surged to the key resistance level near 1170 but failed to move higher; the bulls were clearly weak and began to pull back. After the morning Asian session opened, it broke yesterday's low and dropped to around 1143.

ETH: Yesterday's public strategy accurately swept losses after 41 points and started a sharp rise with a profit target above 4360. In the afternoon, ETH continued its downward trend, touching the lower level near 4225 before quickly rising to around 4320; it was still so enchanting with rapid declines and rapid rises, requiring flexible switching between long and short positions. As the U.S. stock market opened, it continued to rise and then retraced, dropping to around 4270 before moving up to around 4390. The coin price returned to the initial 4300 during the morning Asian session, and the surge was not stable, indicating that the bulls were still somewhat weak.

BTC trading suggestion: 115800-116100 short, stop loss at 800 points, target at 113700, breaking down to look for around 112600.

ETH trading suggestion: 4265-4280 short, stop loss at 40 points, target at 4170, breaking down to look for 4130-4080.

Watch first, if you find it useful, please like and follow. I am Baishi and never make ambiguous trades; only spot trading is the easiest. $BTC $ETH #加密市场回调