The weekend market is relatively weak, maintaining short-term continuous output.

CN
2 years ago

BTC:

Overall, it still tends to oscillate within a range, continuing to trade high and buy low around the 25800-26400 range.

Currently, the candlestick continues to show bearish momentum, but the downward pressure is relatively small, so it may be advisable to wait and observe.

For those who have entered long positions, they can continue to hold, paying close attention to the 4-hour structural changes and determining whether to continue holding based on the strength of the reversal.

ETH:

The 4-hour structure maintains a bearish trend, testing near 1640 again in the evening, providing an opportunity for long positions.

From a structural perspective, the candlestick shows bullish momentum at the bottom, indicating a possible end to the downward trend, and continues to maintain the head and shoulders bottom pattern.

The strategy remains the same as yesterday for long positions, entering long at 1650-1640, with a target of 1680-1700 and a risk control of 15 points.

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