After Bitcoin completed the long-short energy conversion on the daily line, it was a pity that the short position of 63500 that was arranged yesterday was almost completed. The room for decline is still very large. If the transaction is completed, the overall profit can be more than 3000 points in the short term. There is no need to emphasize too much on the daily line of the weekend today. The resistance is recommended to focus on 61800-62100. In the short-term four-hour line, it belongs to the consolidation after the decline. It is not to find the support position to start to tamp down and look for upward power. The support below is recommended to focus on the 59200 line. In the attached figure indicator, the MACD short position has completed the second large-scale operation. In the one-hour line, the three lines of boll are seriously opened. After the price runs in the falling channel, the overall attached figure indicator shows signs of upward repair in the short term. 61800 is the focus of attention during the day. Based on the above, it is recommended that Bitcoin continue to rebound and short.
There is no sign of rebound on the daily chart of Ethereum. Fortunately, the market analysis yesterday morning reminded us to arrange short orders at the 3050 line, and there is more than 150 points of space overall. When the daily K-line reaches the previous low, after Bitcoin successfully falls below the 60,000 mark, Ethereum still has some room to fall. The overall support can focus on 2760-2780. In the short-term four-hour chart, the price is running in a falling channel. The indicators in the attached chart continue to fall, resulting in a later repair market. The subsequent indicator reference is worthless, so there is no good point worth referring to in the four-hour chart. The one-hour upward resistance is recommended to focus on the 2960-2980 range, of course, 3000 is also a key focus. Based on the above, it is recommended to short Ethereum on the rebound. #ETFvsBTC #BTC #ETH
