The market has indeed been quite sluggish these past few days. Since the stock market halted trading yesterday afternoon, it has now been four days. This weekend feels a bit long. Looking at the current situation, it is indeed moving slowly, but it is about to pick up speed.

Overall, we still maintain a bearish outlook. The lower range has seen our main force oscillating here on the daily chart for over a week now, so the current trend remains a bearish oscillation. There has not yet been a stop to the decline, as it is still a fluctuating market.

Support levels at 84,300, 83,800, and 83,200 are all points we need to pay attention to.

The upper resistance levels at 85,500-86,000 are also important to note. So, we are looking at a range to trade by selling high and buying low.

For Ethereum, looking at the current position, it still belongs to the weak group that follows the trend. The support levels between 1,575-1,560 are what we need to watch.

The first resistance level above is 1,615, the second is 1,630, and the third is 1,660. Overall, it still falls within a range-bound oscillation. Just sell high and buy low.

Manage your positions and control your risks well.

If you have questions about trading, you can follow the public account: KK Strategy

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