As mentioned in yesterday's analysis, after a wave of market movement, subsequent trading becomes very difficult, and indeed, it is too damn hard.
Yesterday I said to go long near 4240 on the left side, I also opened a small long position, peaking at 4321, and finally stopped out.
1. BTC Market Analysis
Trading volume is weak, the daily line closes with a large bearish candle, and the four-hour chart shows a long upper shadow, indicating a high probability of a bearish trend ahead.
Moreover, it has broken below the previous low, and even after a pullback, it still closed below the low, this position can be shorted, but don't use a large position, and don't look too far ahead, just take a small profit and run.
112600 is also a key position, can short at the current price with a stop loss at 112800. If it breaks 112600, and the 15-minute candle closes above, go long with a stop loss at the low.
2. ETH Market Analysis
ETH did not break below 4133, but it closed below the trend line, really don't want to trade.
Because BTC is bearish, and ETH is also unclear, I don't really want to trade today, lacking confidence.
I am waiting for a pin bar or a clear trend to open a position, keeping my position empty for the day.
BTC ETH
