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First released on the official account, you can follow the official account Liangqiu, focusing on mainstream coin guidance. All good things are worth waiting for, and all expectations are worth the effort. No matter how difficult the road ahead is, we must bravely persevere. Bitcoin/Ethereum once again experienced a sharp drop after a rise in the evening, with Ethereum fluctuating by 100 points back and forth, and Bitcoin fluctuating by nearly 2000 points back and forth. This also conforms to the expectations of the short-term market. Currently, Bitcoin has once again approached around 64400, and Ethereum around 3150. First, we need to pay attention to whether the 3160 and 65000 levels can be effectively broken through, which is also the turning point in the current downtrend.

Looking at the daily chart, the MA7 moving average of Bitcoin is just around 65000. During the decline last night, it was basically difficult to rise after breaking through 65000. In the future, we will operate based on the pressure level near this position, and refer to the support level around 62000 below. The MA7 moving average of Ethereum is currently hovering around the 3150 to 3160 level, so whether the four-hour closing price at 65000 and 3160 can be maintained is particularly crucial. The support level below still refers to the 3050 level.

In the early morning operation, short positions were entered near 64600 to 64900 for Bitcoin, with a target near 63000; short positions were entered near 3170 to 3190 for Ethereum, with a target near 3060 to 3100. The current market is relatively good, and it is necessary to do well in the short term. The article has timeliness. Friends who are not good at controlling the rhythm of the short term can seek more advice. For more specific strategies, please follow the official account, Liangqiu.

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