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Another all-night frustrating grind, with Bitcoin ranging between 63,000 and 64,000 in the early morning, touching a high near 74,000 under pressure, then pulling back to a low around 72,939 before stabilizing. The strategy and trend for the early morning layout are also in perfect agreement, following the general direction, which is basically problem-free. The current slight fluctuation is just a brief respite after an oversold condition. As long as the price cannot volume-wise hold above 64,500, the correction will end and a downward trend will resume. Therefore, the current layout strategy is still to operate mainly with a focus on high points.
In the morning, short Bitcoin at 63,300-63,800, target near 62,000.
In the morning, short Ethereum at 1,700-1,730, #比特币回升5% target near 1,600.