In terms of recent trends, Bitcoin is still bullish. The daily line tries to break through the upper track of the Bollinger Band. After the price of Bitcoin rose from 27,000 to the top last time, there was no sign of a sharp decline. On the contrary, Ethereum went through the last wave of pins at 1780 and then quickly fell to around 1630 in one day, and then fluctuated upward. It is obvious that Ethereum has a phenomenon of selling high and buying low. The dealer is shipping at a high position. Many friends who have more than 1,700 orders at a high position may still be trapped above. As long as we can achieve the support of 1600-1620 without breaking, it is recommended to choose to cover the position in the range of 80 points and wait for the pullback to unwind. Operation suggestion: Bitcoin callback to go long. The target does not need to be so big. Ethereum can be seen as a bigger target. Since there is a first round of forced and large-scale pull-down, there must be a second time. All retail investors should pay attention.
Suggestions for Bitcoin trading: Buy in batches when the price falls back to 27900-27700. Target: 28700-28500. Risk control: 27400.
Ethereum suggestion: Go long in batches when the price falls back to 1630-1610. Target: 1700-1680. Risk control: 1580.
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