On Friday, the bulls' momentum has run out, and the range is still downward.



Did everyone catch the 68500 level yesterday? There is also a 2000-point short-term space. Currently, there is heavy resistance above, and there are signs of pullback and downward movement within the range. Therefore, intraday trading should mainly focus on short positions, with 68000 as the entry point for shorts.

Ethereum is moving in sync, with short positions around 2050-2030. First, see if the overnight low of 1975 can be effectively broken. If it breaks, look toward 1900. There might be a one-way decline today, so long positions should wait until after midnight.

To summarize simply: short around 68000-67500 for Bitcoin, with a target of 66200. If broken, look toward 65000. Ethereum can be traded in sync. Please manage your positions reasonably, and leave comments if you have questions.
ETH-4.33%
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