7/21 Continuous Ink Market

"The market situation is changing rapidly, the key lies in how we grasp it"

Good morning everyone, I am the cat god

Recently, Ethereum/Bitcoin have continued to oscillate. Under such turbulent market conditions, we must stabilize our mentality and wait patiently for the release of the Federal Reserve's data on the 27th. From the hourly perspective, Ethereum currently has 3 small negative bars. The strength of short positions has certain support at 1880 below. Now the linkage pie is together. There is a downward channel here in 4 hours. In the short term, the bottom below is 1880. The upper pressure is 1900, so we can proceed with the idea of ​​​​high altitude, low and long.

Operation suggestion: long near 1880, stop loss 20 points, target 1900-1920