After the market correction in the afternoon, it first gave a wave of stretching and touched the upper pressure of around 98,200. The price of the currency fell under pressure and continued to fall. The current market has fallen to around 95,000. The Ethereum market synchronization screen first rebounded and then continued to create a short-term new low, and continued to fall. The current market price is around 3260. In the afternoon, we are thinking that both the long and short positions of the big cake have gained 1200 points of space, while Ethereum has bagged 73 points with the idea of ​​chasing short positions at high positions. In the afternoon, I reminded everyone that there are opportunities for both long and short positions in the market. The layout is based on the idea of ​​oscillation. This kind of market with 1000 points up and down is rare and can be grasped. This is a good opportunity for us to turn the tide.

From the current market, the price of the currency has fallen below the support level near 95,500, and the support of the Fibonacci retracement has been broken. Then, the box structure of the current market will move down and will continue to test the support of the bottom 94,000. Although the market has not fallen below 95,000 in the correction, the position has been moving down, and the upward channel continues to be maintained. On the hourly line, the middle track suppresses the bulls to rise, and the Bollinger band closes downward. The price ratio still has room to continue to fall, so our operation can first maintain a rebound bearish view and wait and see the support near 94,000. If it does not break, it is still bullish.

Bitcoin can be shorted at 96,500~96,000, and the target is around 94,000 first. As for Ethereum, the decline is more severe, it is recommended to follow Bitcoin to enter the market simultaneously. #比特币市场波动观察 #加密市场回调 $BTC $ETH