Tuesday was still pretty good overall. There was basically room for profit from the two long positions at low levels, but the reason for the profit was only because the entry point was fixed while following the trend. Remember that any technical point starts with the positioning of the market. Then it is about finding the position. Right or wrong is just the result of the later steps, and has nothing to do with the previous trend. This is why we need to summarize the technical points. First, we need to determine the trend to be operated in a day, and then it will not be difficult to find the position.
The overall volatility at midnight was not large, but the bulls did not get effective continuation, and the rise stopped relatively clearly. There was no secondary upward attack, let alone breaking highs. The momentum of the entire upward attack was relatively exhausted. The strong rhythm at midnight must have continued to attack, rather than continuously pulling back and oscillating. If the rebound does not break highs, it will definitely deviate from the rhythm, and the probability of pullback is increasing. At this time, there is no need to go long blindly, but to consider the rhythm of the pullback. Today is Wednesday. Try shorting first to see the pullback. If the force is not strong, you can adjust it. Change the direction first.
On Wednesday morning, my personal suggestion for Bitcoin is to short around 28,500-700, with the target around 28,100.
On Wednesday morning, I only shorted Ether around 1570-1590, with the target around 1540. #BTC #ETH $BTC $ETH
