From the daily chart, the bulls of Bitcoin only started to pull back at the 66000 line. The overall trend is still very much in line with the downward trend channel. The current support is 60500 and the pressure is 61500. It has been tested up and down yesterday and has not continued to break. It is expected to continue to decline after the shock. First look at the 59000-58000 line. The trend of Ethereum is relatively weak. The bulls only started to pull back at the 2700 line. The downward trend channel continues to break. The current support is 2330 and the pressure is 2420. If it continues to decline, it will first look at the 2300-2200 line. For the analysis of the general trend direction, please see the above post;
Looking at the 4-hour chart, both Bitcoin and Ethereum stopped falling and rebounded, and they need to continue to confirm the pressure. The short-selling strategy given in the white market also successfully stopped profit, and the target positions have basically been reached. It is still recommended to mainly short sell for subsequent operations!
Operation idea: short sell near the pressure level!
Bitcoin short at 61500-62000, target 60500-59500, stop loss above 62500;
Short Ethereum at 2390-2410, target 2320-2280, stop loss above 2440;
The strategies are time-sensitive and are based on private, real-time guidance!
