Saturday, Morning Analysis of Bitcoin and Ethereum
It's Saturday again, and the recent market conditions have been fluctuating. Looking back at yesterday, the market experienced wide swings, with significant ups and downs. In the evening, Bitcoin's upward movement did not continue, and in the morning, it is advisable to short at high points.
From a technical structure perspective, on the 4-hour level, the relative strength shows weakening momentum, with reduced rebound amplitude. In the short term, the downward trend is dominant, so the morning strategy should be to go short at high points!
Bitcoin: Short near 84500-85000, target around 82000
Ethereum: Short near 1820-1840, target around 1750
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