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#BTC On Sunday, the overall trend is slow, and the short-term trend is in a oscillating and falling pace. Patience is needed to wait for the retracement to stop before taking any action!
Last week, BTC rebounded after confirming the pullback, and the strength was quite strong. After reaching the 98700 level, it failed to continue and the momentum weakened, entering a pullback phase. Yesterday, the coin price rebounded but failed to stabilize above the 97000 level. In the short term, there may still be a certain pullback action, so be patient and wait for the pullback! On the contrary, ETH was volatile yesterday, going up and down, but overall, it is still in an upward trend in the short term. Currently, the coin price is oscillating above 3700, which is relatively high, so it is not recommended to chase after it. It is still more reliable to enter the market after the pullback and then go long.
In terms of intraday thinking, still refer to 97500 as the dividing line, strong pressure at 98500, touch and retreat. Below, still follow the 95000 level, followed by 93500. After the weekend, the volatility gradually intensifies, pay attention to good control. As for ETH, you can also short once, look for a pullback in the 3550-3600 area, and stop and reverse if necessary!
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