Evening BTC/ETH Market View:
Bitcoin has pulled back from 119720 to 115865 and has stopped falling, now starting to form a deep V shape. So if you chased the rise near 120000, or shorted near 116000, it might be uncomfortable... Pay attention to the resistance above Bitcoin at 119700 and the 120000 level. If you want to try shorting, you can set a few hundred points stop loss here. For support below, watch 116000 and 115000.
If you want to long at a lower price and are afraid to short, then wait for a pullback and ambush around 116000 and 115000. If it doesn't break below here, look for opportunities to enter a long position.
Ethereum has pulled back to 3616 and stopped falling, forming a double bottom on the hourly chart. It is currently testing the mid-level resistance. If it stands above 3720, it will head towards 3800, 3860, and 4000. So if you hold a long position, you can reduce your position size and change to a breakeven stop loss, continuing to look upwards.
Ethereum has no short position plans. If you haven't entered a long position, then you can only wait to see if the market will reverse to pick you up. You can wait around 3650 and 3620 here. If it effectively breaks below 3600, then stop loss. You can only participate in this market at key levels, take small stop losses, and look for profits in batches. Make sure to reduce leverage, manage your position size, as big ups and downs can lead to liquidation in a matter of minutes! #NFT板块领涨