Talk about the current market
Bitcoin is effectively supported around 117300, Ethereum is supported at 4400.
So in the short term, as long as the one-hour and two-hour lines at six o'clock close above 117800 and 4450, we can see a rebound in the market to 118800-119100 for Bitcoin, and 4530-4580 for Ethereum.
If there is a strong rebound, then this wave of Bitcoin will go to the left shoulder of the four-hour level, which is 121000-122000, and Ethereum is likely to break the 4670 high to look at the 4720-4750 area to hold.
Currently, I have no positions, let's wait and see.
Those who are eager can look to enter a long position based on where I mentioned the closing levels.
Set a stop loss a bit tight at 117188 and 4405.
Then look at the positions I marked for take profit $BTC
