The morning Bitcoin failed to hold at 118500, pulled back to test the support at 117500, and currently rebounding, Bitcoin returned to 1190, and Ethereum returned to the morning drop point of 3815, showing overall sideways correction.
Looking at the market, Bitcoin's pullback stopped at 117500, and Ethereum halted at 3730, with clear short-term support. However, bullish momentum is slowing down, showing a gradual rise trend—gradual rises can lead to sharp declines, which is a rule verified in practice. If in the afternoon Bitcoin struggles to break 119500 and Ethereum cannot stabilize at 3835, a pullback is highly likely in the evening. Therefore, afternoon trading suggests a high short position layout.
Operations:
Bitcoin can enter a small position at the current price, targeting down to around 1160.
Ethereum can enter a small position at the current price, targeting down to around 3700. #币安HODLer空投TREE #上市公司加密储备战略 #BNB创新高 $BTC $XRP