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The new week's market started a waterfall journey from early morning, dropping from a high of 78,564,
with slight rebounds and false signals along the way, then plunging directly to a low of around 76,666.
Ethereum's market moved in sync with Bitcoin, experiencing a hundred-point retracement,
from 2197 down to 2185, as market volume continued to weaken!
Over the weekend, the market was dull and uneventful,
Ning Ge also took a two-day break from live trading, preparing to迎接a better state to迎接a new round of行情!
Yesterday, Ning Ge publicly warned that the current行情 needs a significant unilateral confirmation,
the current retracement of over 1500 points clearly shows that market sentiment is testing support downward,
demanding bottoming and repair stages.
Although the hourly chart shows five consecutive down days, the long lower shadow indicates that this is not a bearish trend,
which confirms the previous prediction. The trend remains in an upward channel this week.
The intraday strategy is mainly high short positions, as the market is bottoming out,
which is driven by demand, requiring multiple tests to reach the support level.
Any rebound within the day is a good opportunity to go long, and Ning Ge will remind everyone to enter and exit in real-time,
keeping up with the live trading means following the trend!
BTC: Short around 77,500, target 76,500
ETH: Short around 2,250, target 2,150