Bitcoin and Ethereum Market Analysis Today

I still don't understand why Bitcoin suddenly broke through the top of the consolidation area yesterday; I couldn't figure it out all day. Last night the US stock market opened and dropped significantly, while Bitcoin actually went up. It seems to make some sense: the capital flowing out of the US stock market is heading towards Bitcoin. The bubble in the US stock market is too large, and many investors are under pressure to sell. Gold is soaring, and the risks of entering the market are increasing, so funds are flowing towards Bitcoin.

On the other hand, Ethereum, are you still not removing it from your watchlist? I'm too lazy to criticize Ethereum; it's so weak that there's really no need for further analysis. Those who shorted it without thinking have already made a profit.

Bitcoin currently has all short positions, so don't expect a significant drop in the short term, while Ethereum has all long positions.

In recent days, I've lost quite a few trades; it really feels increasingly difficult to operate... What do you all think?

Bitcoin and Ethereum support and resistance are as shown in the image #美股下挫 $BTC