After a night of fluctuations, the price of the currency has once again experienced a significant pullback,
reaching a crucial support level of 92600 at its lowest.
As of now, the overall market decline yesterday has exceeded 6000 points. In yesterday's ten-wave operation, the intensity of the market pullback was indeed unexpected, leading to the unfortunate clearing of a thousand-point space in short orders.
The current market situation has become quite clear; whether on the daily or 4-hour chart, it has closed with long bearish candles,
indicating a noticeable market turning point, and the trend is undergoing a change.
Additionally, from the current dynamics, the strength of the upward trend still shows a strong persistence,
therefore, in terms of operational strategy, we should continue to align with the market trend and maintain high-level trading on the upward path.
Tuesday Morning Suggestions:
Short Bitcoin around 94500-95000, target focusing on the 92000-90000 line.
Short Ethereum around 3470-3500, target focusing on the 3400-3300 line.