Yesterday's market trend was also a trend that gave opportunities to both bulls and bears. There were thousands of points in the up and down stretch. In the morning, we looked at the idea of ​​​​retracing and then entering the long position. The short order placed first also took advantage of the waterfall. After the subsequent retracement, Still maintaining Kanduo's thinking, he also scored 861 points again.

The 4-hour chart adjusts the retracement wave pattern, and forms a continuation of the correction wave pattern when it falls below the 41,000 mark. In the short term, it will fall further. The second high point is the critical point this week, and the broken low point is the resistance point. It will continue after the current decline. The reverse draw confirmed that the low was broken, the highs continued to move downwards, and the lows continued to refresh.

In the 1-hour chart, after contraction and consolidation, it fell below the lower track, opening up the downside space. The Bollinger Bands opened downward, and the short-term bias is bearish. Regardless of the roller coaster-style washout, focus on the 40,000 mark below. If it breaks through, short positions will be given unilaterally, and continue to advance with the trend. On the contrary, it is enough to rebound to the upper pressure level. When the pullback is completed and the situation is stable, we still maintain the bullish thinking.

Operation suggestions

Big pie: Directly close to 41600, look at 42200

Ether: Directly near 2230, watch 2280

The direction of the short-term trend is disclosed on the entire network every day. Friends who are not good at driving and running short-term, and friends who are still waiting and watching, don’t hesitate and hurry up dd teacher↑🚗#币安合约锦标赛 #BTC