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Ethereum early morning analysis: go long around 2320 to 2300, the lowest point in the morning reached about 2311, then started to rise slowly, peaking near 2345, and then began to fall back. I also analyzed in the article that I originally planned to go long on rebounds to 2350–2360 to short, but the market clearly couldn't continue to rise, so we should close long positions and enter short positions early. After Ethereum broke below the upward trendline and the previous consolidation zone of 2650–2360, a clear downward channel was formed, with highs and lows continuously moving lower. Short-term support is still around 2320 to 2300. If the price breaks below 2300, we can look further at 2280–2290 below.
Recommend entering short positions around 2330–2350, targeting 2300–2280.
In Bitcoin's morning analysis, I gave a long position from 80400 to 80000, which obviously didn't give us an entry opportunity, but I provided a short opportunity in the 81400–81800 zone. Currently, the MACD bearish momentum histogram is gradually increasing, and the KDJ three lines are all turning downward, forming a pattern of decreasing highs and decreasing lows in a downward oscillation trend. Therefore, those who have already entered shorts should hold on, and those who haven't, look for an opportunity to jump in directly.
Recommend entering short positions around 81200–81500, targeting 80400–80000.
Market changes rapidly; strategies are for reference only. Use stop-loss and take-profit orders properly #BTC回调