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The high position of the pancake has been washing away the market, and 110000 yuan still came down after a feint. The important support of 106800 has never fallen below, and every time it's just a feint. However, the daily high is getting lower and lower, and currently only one bearish line is needed to break through 106800. Then complete the transformation of the life and death line. The trading volume has been significantly high and continuously decreasing, without the support of trading volume, this market cannot rise for long. We can patiently wait for the daily line to break through.
Ethereum can also be considered a true daily break, with Bitcoin slightly stepping back and Ethereum directly releasing floodwaters. A few days ago, the highest point was around 2630, and then it quickly fell to the level of 2470. Follow up with the bottom neckline at 2250. If not broken. You can consider taking a long position at a low level. Currently, the Ethereum life and death line is around 2310, and the specific location can be notified during my live broadcast
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Operation suggestion: Put Bitcoin 108800 to 9000 short. Defend 110500. Target 102000
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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 AICoin's position or viewpoint 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.