BTC closed a big negative line at the weekly level and successfully drew a downward door. The market started a new round of decline. The weekly CCI indicator just broke the rising trend line, which also indicates that the next few weeks will still be dominated by declines. Our short support should be seen near 21514. Of course, due to the strong force of the big negative line last week, there will normally be a good rebound pressure in the 27200-27750 range this week. The overall idea is mainly high-altitude. The H1 level CCI indicator has broken the rising trend line, so BTC is more likely to fall in the short term, and pay attention to the 25950 support.
ETH's trend basically follows BTC and ETH has not fallen to the bottom. From the weekly level, the strong support is around 1354. The operation is still mainly high-altitude. At the same time, the big negative line at the weekly level also needs a decent rebound, so there is a high probability that a small negative and positive line will be closed this week, and then it will continue to fall next week. The pressure level is around 1720-1750. From the H1 level, the market is supported near 1679, so first look at the upper pressure of 1700 and the lower support of 1670. In the short cycle, I personally tend to be short.
