In the 4-hour chart, it is quite evident that although both long positions and short positions have dominated at different phases, overall, the short positions' candlestick lines are significantly stronger. In contrast, the trend of long positions shows a very clear rise, but during this process, the lower wick of long positions reached a relatively low point and not only refreshed the relative low value.
The Bitcoin is short positions at 110000-109500, watching around 108500. The Ethereum is short positions at 4400-4420, watching around 4320. #BTC##ETH# .
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
In the 4-hour chart, it is quite evident that although both long positions and short positions have dominated at different phases, overall, the short positions' candlestick lines are significantly stronger. In contrast, the trend of long positions shows a very clear rise, but during this process, the lower wick of long positions reached a relatively low point and not only refreshed the relative low value.
The Bitcoin is short positions at 110000-109500, watching around 108500. The Ethereum is short positions at 4400-4420, watching around 4320.