1.BTC

From a weekly perspective, it forms a head and shoulders top (bearish) pattern.

Regardless of whether there is support or not, the decline from head to neckline must meet 1:1

The white line will just fall to the CME gap, which is quite magical.

I'm not saying it will definitely fall like this.

The most important thing now is to pay attention to the second yellow dotted line 90535, which is whether the neckline can be supported.

If it falls below, only the square blue area will remain, with support around 85,000-90,000.

If it falls below 100% again, the decline will accelerate, because there are almost no chip transactions here during the rise.

The spot operation is to place orders in both the blue zone and CME.

It is also possible to hang the neckline, but the chips must be divided into blue and CME in batches.

To do the action of flattening the position

Because if you don’t come down, you will miss this increase.

I suggest you just observe the contract part first.

2.ETH

The status of Doomsday Chariot ETH is stronger than BTC. Before the altcoins took off, I had the impression that ETH would be stronger than BTC, right?

The weekly level is completely opposite to the big brother, forming a head and shoulders bottom (bullish)

If we still use 1:1 to meet the growth pattern, it will reach 7200

It’s no exaggeration, this is a large-scale situation at the weekly level.

But it is also possible that the right shoulder will rise if it fails to form.

Because look at the daily level

Currently forming an ascending triangle with a flat top and higher and higher lows.

As long as it does not fall below the triangle, there is a high probability of a breakthrough.

If it falls below, I will start to think that it is a head and shoulders bottom at the weekly level. #BTC挖矿难度创新高 #ETH #山寨