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20201109
The main trend is a bearish trend. Currently, it is in a four-hour upward movement, reaching the upper band of the four-hour Bollinger Bands.
The host is currently holding a cash position and mainly observing. 3600 is a very ambiguous level, can go up or down. It is recommended to take small short-term positions.
At 22:37, Ethereum pierced upward to stop-loss a batch of shorts, jumping 100 points.
Currently, ETH is the strongest, SOL is following Bitcoin, and has not yet broken the previous high of 20251108. Waiting... My feeling is that institutions have been continuously buying chips in ETH.
Orders at 3481 are holding for a rebound without breaking, with a stop-loss at 3424 and take-profit at 3577. If it can't be reached, do not trade for now. No FOMO.
$ETH $BTC