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Reviewing the weekend market, the strategy given by Yufeng has been verified again. Bitcoin stretched to around 60924 and then fell under pressure, currently hitting a low near 58888, giving 2000 points. Ethereum's pullback simultaneously provided 63 points, accurately realizing profits.
Currently, the overall market rebounds and then falls back, with the downward momentum far stronger than the rebound strength. The bulls are weak, perfectly verifying the view of a weak oscillation and following the bearish trend.
The 4-hour trend continues to decline, with weak rebounds halfway. After a brief small bullish candle, the decline continues, and bears dominate the market. The subsequent operation strategy remains unchanged, primarily shorting at rebound highs.
Bitcoin short around 60000-60500 on rebound, first target at 58000, if it breaks, continue to look at 57000, otherwise go long with light position.
Ethereum short around 1580-1610 on rebound, target 1550-1500, if it breaks, continue lower, otherwise also go long with light position.$BTC $ETH #BTC下探60000美元关键关口