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#加密货币市场动态 On Friday night, Bitcoin fell to around 80600, which is a new low for the past few months. Looking at the four-hour Candlestick chart, there are eight consecutive Bearish lines, indicating that selling pressure is clearly dominant, and the downtrend has not yet stopped.
This weekend, the market entered a sideways consolidation mode. The buying and selling sides are temporarily at a standstill, and the direction is not very clear in the short term. Ethereum is following the overall market, basically moving in sync with Bitcoin, and the characteristics of weak fluctuations are quite obvious.
My idea for operations is as follows: as long as there are no real breakout signals, Bitcoin should be traded within the range of 83600 to 84800, buying low and selling high. For Ethereum, you can look for opportunities to enter and exit in the range of 2715 to 2785. Weekend market fluctuations usually narrow, so position control is very important—heavy one-sided bets are not recommended, and it is safer to make profits by trading within the range. Take profits in a timely manner when reasonable profits are made to avoid getting burned in directionless fluctuations.
$BTC $ETH $ZEC