After the Bitcoin price rebounded to 96470 in the morning, the Bitcoin price fell sharply at noon, and the lowest price fell to 95018. In the morning, Bitcoin gave short-term attention to the retracement strength before participating in low-long positions. At present, short positions have also won more than 1,000 points of space and arranged long positions to enter the market. After the Ethereum price reached 2860 in the morning, the price also rebounded at noon. The lowest price reached 2691, with a retracement space of nearly 170 points. This is not to be underestimated for Ethereum. At present, the price rebounded to above 2700.
From the perspective of the four-hour price, the current market has not devolved downward when it fell below the middle track. On the contrary, there are signs of stabilization, and the Bollinger Bands are closing. The volatility will accumulate here to get out of the trend rhythm. At present, the broken Yin and Yang frequently change, and we only need to wait patiently. From the hourly level, the middle track has broken, and the rebound is bound to win. In the afternoon, we will participate in low-long positions and pay attention to the rebound.
Operation suggestions
Buy Bitcoin near 95000, target 97000
Buy Ethereum near 2700, target 2780
