In analyzing the situation and candlestick indicators, choose to seek Buddha!



Hesitating in opening and adding positions, choose to first open enlightenment!

Recently, the market has been consolidating at high levels, indicators are oversold with no volume rebound, looking at the long and short chips, longs are at 5 billion USD, shorts are as high as 7 billion USD, so it is reasonable to prioritize clearing short liquidity and breaking through 7600. On Friday, it’s better to show respect for multiple points in the market!

BTC
In the evening, pay attention to a pullback to support at 7500. As long as the pullback does not break this level, stay alert around this area. The market’s second rebound targets 7720-7930. Shorts wait and see, otherwise if it breaks below 7500, then look for a small retracement to the previous low of 7320. If it breaks, look at 7230-7040.

ETH
Ethereum is quite weak, the rebound has not even touched 2400. First, observe the pullback without breaking 2332. Long positions wait here. The stage rebound targets 2380-2416. Shorts are at the head position around 2416. For conservative shorts, wait in the 2480-2500 range. If it breaks below support at 2332, look at 2260-2172.
BTC1.92%
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