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Is the bullish trend returning? This week, we have been consistently short of 105000, with short-term orders showing a winning streak. After Bitcoin hit a high of 105000, it formed a pressure long position with reduced volume. The momentum of Ethereum is also insufficient, reaching a peak of 2730 before slowing down. The bullish stretch also met most of our expectations. Due to the time required for indicator correction, there is a demand for the market to enter a period of adjustment in the short term. The specific form of correction may be high-level adjustment or downward adjustment, depending on the overall dynamics of the market. At present, the short-term trend of the market tends to be downward, and may be accompanied by multiple surges and falls. Although there is a pullback trend, it is not a one-sided decline, so the overall trend will frequently tug at war in the future. In a small cycle, we should mainly focus on the trend of decline. If there is a rebound or rise again, we need to be alert to the magnitude of the pullback. The weekly upward space is already very small, don't mind chasing long positions, you can layout long-term short positions in batches.
Operation suggestion:
Da Bing can be sold between 105000-105800 yuan, with a target of around 98000 yuan.
Ether can be empty between 2580-2600, with a target around 2300.
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Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
