From the daily line level, Bitcoin continues to close a large bearish K-line around 84000. As mentioned earlier, once the price breaks below the support of 92000, a significant drop will follow. Currently, the downtrend is very obvious, and the previous support level will turn into a resistance level. Yesterday, it once again broke below the support level of 87000, so we can consider 87000 as a resistance level moving forward. It is expected that if Bitcoin continues to break down, it will reach the line of 73000. Ethereum continues to close a bearish K-line around 2330, also showing an expected downward trend. Yesterday, it also broke below the support of 2400-2350, which can now be seen as a new resistance level. If it continues to break down, Ethereum will look towards the line of 2200-2000;
From the 4-hour line level, Bitcoin has stopped falling and rebounded at the line of 82000-84000. The current resistance level is at 87000, and support is at 83000-84000. Ethereum is in a similar situation, rebounding at the line of 2250-2300. The current resistance level is 2380-2400, and the support level is 2250-2300; (Attached is yesterday's analysis of the daily level trend chart)
The short position set up yesterday has also gained considerable space again. Currently, the market is testing the resistance level, and it is recommended to continue to short based on the resistance level!
Operational idea: Short in the direction of the trend!
Short Bitcoin at 86500-87000, target 85000-84000, stop loss above 88000;
Short Ethereum at 2380-2410, target 2300-2250, stop loss above 2450;
The strategy is time-sensitive, and specific instructions will be provided privately in real time! #Bybit发布黑客取证报告 #币安Alpha上新 #比特币价格走势分析