Bitcoin weekly K closed with a very small inverted hammer line. After the price of the currency rebounded to 97800 last Friday, we also simultaneously suggested in the WeChat public account: "Wu Zhiyu on Trends" to turn short and look at 95500 first. After two days of continuous shocks and declines over the weekend, it rebounded slightly after reaching the target position. We also suggested that 96000 can continue to be shorted. On Monday morning, the price of the currency accelerated downward and broke through the short-term support. In the short term, if there is no strong rebound to stabilize above 95500, this 4-hour level correction will continue. Pay attention to the two positions of 92800-91600 below, and pay attention to the area of ​​95000-95500 above. In the meantime, if it rebounds, you can still try to enter the short position, and the defense is placed above 96000.

Ether also broke down in the short term. Although it is now back above 1800, we can find that the previous rebound has not been strong. The price has been consolidating above 1800 for too long without continuing the increase. The short-term resistance is still in the 1830-1850 area. In this range, you can still try to continue to follow up with short positions, and the defense is placed above the previous high of 1880. Pay attention to the support of the 1700-1730 area below. If it continues to fall below, the second stage of the downward trend will look at 1665-1640. #加密市场回调