The morning market is still in a state of fluctuation. Currently, BTC has dipped to the 78700 level where it faced resistance, but there is a slight rebound, pushing it above 80000. Ethereum continues to follow BTC with a certain rise, as the market rebounds to around 1590. The early session has welcomed a correction after a deep probe, maintaining the usual flavor. After the double whipsaw in the US session, the market maker in the Asian session will come in to correct and nurture the retail investors. After all, many were caught off guard by yesterday's five-minute wash of 2000 and suffered losses. The Asian session is expected to maintain a corrective structure, so it's best to keep a fluctuating mindset.
From the current disc point of view, the daily line of Xiaoyang K closing, the upper and lower shadows of the day to nearly 7000 points of space, you can also see the fierce game of long and short, at present, continue to go yang to recover the market is also obviously blocked, the weak structure has not yet changed, the short-term rebound is the rebound correction after entering the oversold area, and the volume is not enough to support the market change. On the four-hour chart, yesterday's recovering nearly half, but the top-bottom conversion 81200 line formed an effective resistance, yesterday's shuffle was also the highest to touch the 81200 line blocked, combined with the current Bollinger band opening, the middle track is still the downward trend has not changed, and then the collection of Trump tariffs is still not loose, the market will still show a certain bearishness, and yesterday's closed-door meeting Trump forced the Federal Reserve to cut interest rates several more times is not yet known, and the increase in interest rate cut expectations is also a point worthy of everyone's attention, Pay more attention to macro news, as well as market sentiment, and don't be too rigid.
BTC can be shorted in the range of 81200-80700, targeting around 77000. Ethereum can be shorted in the range of 1610-1630, targeting around 1550. #BTC #ETH #比特币
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The morning market is still in a state of fluctuation. Currently, BTC has dipped to the 78700 level where it faced resistance, but there is a slight rebound, pushing it above 80000. Ethereum continues to follow BTC with a certain rise, as the market rebounds to around 1590. The early session has welcomed a correction after a deep probe, maintaining the usual flavor. After the double whipsaw in the US session, the market maker in the Asian session will come in to correct and nurture the retail investors. After all, many were caught off guard by yesterday's five-minute wash of 2000 and suffered losses. The Asian session is expected to maintain a corrective structure, so it's best to keep a fluctuating mindset.
From the current disc point of view, the daily line of Xiaoyang K closing, the upper and lower shadows of the day to nearly 7000 points of space, you can also see the fierce game of long and short, at present, continue to go yang to recover the market is also obviously blocked, the weak structure has not yet changed, the short-term rebound is the rebound correction after entering the oversold area, and the volume is not enough to support the market change. On the four-hour chart, yesterday's recovering nearly half, but the top-bottom conversion 81200 line formed an effective resistance, yesterday's shuffle was also the highest to touch the 81200 line blocked, combined with the current Bollinger band opening, the middle track is still the downward trend has not changed, and then the collection of Trump tariffs is still not loose, the market will still show a certain bearishness, and yesterday's closed-door meeting Trump forced the Federal Reserve to cut interest rates several more times is not yet known, and the increase in interest rate cut expectations is also a point worthy of everyone's attention, Pay more attention to macro news, as well as market sentiment, and don't be too rigid.
BTC can be shorted in the range of 81200-80700, targeting around 77000. Ethereum can be shorted in the range of 1610-1630, targeting around 1550. #BTC #ETH #比特币