Bitcoin and Ethereum bottomed out at the 4-hour level
Currently rebounding slightly
I don’t recommend going long at this time
It fell too fast, without any rebound in the middle
It didn’t go down directly without any consolidation
It can’t be confirmed that it will bottom out and rebound here to resume the bullish trend (the probability is very low)
For the time being, let’s look at it as an oversold rebound
It can reach a price above 64,500 and can be maintained for more than 3 days
Or rise to above 65,100
Then consider the long position..
It’s okay to miss out a little
If it is a rebound in a decline
Finally, it will fall again
Then it will be a real trap….