Looking back at the market, BTC has been consolidating on the 6th and is still oscillating at a high level near 90,000. The overall phenomenon has shown signs of difficulty. The second cake has rebounded from last week's performance and touched 3400 and stepped back to the lowest point of 3000. The overall rebound strength is not strong. The high point of 3180-3200 reached on the 6th did not stand firm and directly stepped back to consolidate at the bottom. The weak performance of the big cake shows that the market's confidence is insufficient, and the risks are also increasing. Last week, it was clearly stated that this week will see a small rebound as a whole. After the rebound, the overall market will have a turning point, and BTC will begin to enter a step-back market. The current high-level oscillation market is just a general rise for the overall performance of the cottage, and there has been no overall outbreak point. The rotation of the sectors is also telling us that we should first look at the rebound strength on Monday and Tuesday. This week, we will first look at the rebound. After the rebound, the market will experience a rapid decline and step-back market
BTC is currently continuing to fluctuate at a high level. The current turnover rate near 90,000 is high, and the volume has also shrunk. The upper range of concern is 93,000-96,000. I won’t talk too much about it.
ETH daily level hit 3200 and touched the position nearby, but did not stabilize. It rebounded after stepping back to 3000 without breaking. The overall bottom consolidation continued to fluctuate on the 6th. During the day, you can pay attention to the position of the support level below 3020. At the four-hour level, pay attention to whether the position of 3180-3220 can stabilize. Only then will the market rebound in the upward channel. If it cannot stabilize, the short-term market will continue to fluctuate in the range.
