The market experienced a huge reversal at midnight. After the interest rate hike meeting at 2 a.m., the market should have seen a recovery, but Gou Zhuang started to clean up the market directly. Unfortunately, our Duodan was eliminated. The market experienced a waterfall-like decline. Bitcoin broke through the key support level of 25,000 in the previous top-bottom conversion, and the bottom position was around 24,800. The same was true for Ethereum, and the bottom position was around 1,630. The price of the currency also experienced a strong bottom-breaking market under the control of Gou Zhuang.
At this stage, the trend of the entire market has been opened, and the range has been strongly broken. We can just follow the trend in the subsequent market. There is no much reference value in the technical aspect, because under this market crash, the technical structure has been completely broken, so here we can just refer to the trend of the market.
Daily internal situation record: Bitcoin reference 25300-25500 to short, target 24500-24000; Ethereum reference 1680-1700 to short, target 1600#BTC #ETH
