A new day is a new beginning. The signal of a change in the market on Wednesday was clear. In the morning, Bitcoin suggested a direct short at 27,500, which reached the 27,000 mark as expected. Ethereum suggested a direct short at 1575 in the morning, which reached 1545 as expected. Then we reminded again to wait for the rebound to follow up again. In the afternoon, we were given the positions, which were exactly the same as our strategy prompts, Bitcoin 27,200, Ethereum 1575, and they were taken again at midnight. In fact, we said it more clearly yesterday. The current rhythm still belongs to the trend rhythm. The shape is in our control. What remains is aggressive and active layout. After all, the technical structure is the foundation for entry.
The technical structure still has not changed much. In terms of short and medium lines, they have been effectively broken. It is not realistic to expect volatility. Don't change your thinking just because of the slowdown in the midnight decline. After all, the breakdown accelerated first, and the contraction and correction are also in the process of cleaning up. It broke directly after horizontal consolidation in a small cycle. This structure and form have strong continuity. The current rebound space and form are still not enough to stop the decline and rebound. The main idea is to continue to be bearish and bearish. It's just that in terms of the current momentum, there may be a certain probability that the weak decline will turn into a volatile decline. The rhythm may slow down, but the direction is not expected to change much.
On Thursday morning, Bitcoin will focus on shorting around 26840-27040, with the target around 26000.
Ethereum should focus on short positions near 1566-1586, and the target can be around 1500.
The market does not sell round-trip tickets. Once you set out, you can never return. Mistakes are inevitable. The important thing is not to fall in the same place twice. I am Chen Yue Talking about Coins. Follow me and I will take you to explore the coin circle easily. #
