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Yesterday, short orders were placed near 28700 and 1870 for Bitcoin and Ethereum. Those who were reminded successfully closed profits during the first wave of decline last night. Those who were not reminded may still be holding on or even stop loss of 30 points. The previous post mentioned that Bitcoin defended 29300 and Ethereum 1905. Ethereum still suffered losses in the early morning rally.
If you still hold short positions, you can continue to hold them. Ethereum is still under pressure around 1930. After all, as a recent long-short conversion position, it is also relatively important. Bitcoin has also fallen after rising, and the current price is hovering around 29,000.
As the weekend approaches, the probability of continuing to rise unilaterally is not very high. Under the pressure from above, Bitcoin is looking for opportunities to enter short positions near 29200 to 29400, with a target of 28200 to 28500 and a defense of 29600; Ethereum is entering short positions near 1920 to 1930, with a target of 1840 to 1860 and a defense of 1950. #BTC #crypto2023 #ETH
