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On Monday, Chinese investors are strongly bullish, with Bitcoin and Ethereum both rising. How does the afternoon market look?
From the current market situation, both Bitcoin and Ethereum are showing a strong upward trend. Currently, Ethereum is retracing to around 60, and Bitcoin is also retracing to around 79,700.
Ethereum around 2400 is a strong resistance level. This wave of rise has not broken through and stabilized, with significant selling pressure. At the same time, monitoring shows that short positions around 2380 are quite concentrated, so fans have placed short positions around 2376, currently in floating profit.
Those who haven't entered the market yet can look for opportunities to continue laying short positions. A specific trading idea is available in the chat room~
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