#BTC Yesterday morning, I reminded everyone to be bullish and look for corrections. In the evening, I again reminded everyone near the highest point to check how the intraday rise point works after a pullback. Did everyone have a satisfactory answer? The overall market for BTC rebounded after pulling back to the 93000 line last night, and the price once recovered to the Long Wick Candle at the 96000 line before falling back. During the early morning, it also broke the previous support at the 93000 line and continued to decline. The overall market's weak pattern has been mentioned multiple times. Our actual layout yesterday achieved nearly 6000 points of space with one long and two shorts, while Ethereum's layout gained over 200 points of space in sync with BTC. Grasp the trend, go with the flow, what’s the difference between holding strength and drinking water?
Currently, looking at the BTC market, the daily line continues to probe lower. Yesterday, there was first a rebound that formed a long wick candle recovery structure, testing the high point and facing resistance. Recently, it is still showing a bearish weakness and moving lower. As the market further tests the bottom and breaks the support structure around 93000, the overall price continues to remain in a downward channel, with signals indicating the possibility of new recent lows. Currently, the rebound for bulls is still facing obstacles, and the bearish arrangement of the moving average structure, along with the overall market's lack of strength in adjustment, indicates that the overall five-wave structure is still in a continued downward probe and has not shown signs of bottoming out. Ethereum has also once again fallen below the 3000 mark, and its overall movement is weaker compared to BTC. The 3000 level currently appears relatively strong, and it is important to observe whether the daily line can close below the 3000 mark to assess further downward movements. In terms of operation, pay attention to certain rebound adjustments in the short term before entering short positions.
BTC can be shorted around 93000, with a target near 90000. Ether can be shorted in the 3050-3080 range, looking for a target near 2900. #eth
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#BTC Yesterday morning, I reminded everyone to be bullish and look for corrections. In the evening, I again reminded everyone near the highest point to check how the intraday rise point works after a pullback. Did everyone have a satisfactory answer? The overall market for BTC rebounded after pulling back to the 93000 line last night, and the price once recovered to the Long Wick Candle at the 96000 line before falling back. During the early morning, it also broke the previous support at the 93000 line and continued to decline. The overall market's weak pattern has been mentioned multiple times. Our actual layout yesterday achieved nearly 6000 points of space with one long and two shorts, while Ethereum's layout gained over 200 points of space in sync with BTC. Grasp the trend, go with the flow, what’s the difference between holding strength and drinking water?
Currently, looking at the BTC market, the daily line continues to probe lower. Yesterday, there was first a rebound that formed a long wick candle recovery structure, testing the high point and facing resistance. Recently, it is still showing a bearish weakness and moving lower. As the market further tests the bottom and breaks the support structure around 93000, the overall price continues to remain in a downward channel, with signals indicating the possibility of new recent lows. Currently, the rebound for bulls is still facing obstacles, and the bearish arrangement of the moving average structure, along with the overall market's lack of strength in adjustment, indicates that the overall five-wave structure is still in a continued downward probe and has not shown signs of bottoming out. Ethereum has also once again fallen below the 3000 mark, and its overall movement is weaker compared to BTC. The 3000 level currently appears relatively strong, and it is important to observe whether the daily line can close below the 3000 mark to assess further downward movements. In terms of operation, pay attention to certain rebound adjustments in the short term before entering short positions.
BTC can be shorted around 93000, with a target near 90000. Ether can be shorted in the 3050-3080 range, looking for a target near 2900. #eth