10.6 Mainstream currency (BTC/ETH) market analysis:
Ethereum. It has fluctuated uncontrollably for several days and continued to dip lower. Last night, it rebounded abstractly around 50 and was under pressure. The bearish trend stalled near the 1600 mark. The market selling pressure became stronger. Last night, Li Long's bearish thinking was completely consistent. At present, the 4-hour structure is still weak. The BOLL channel continues to turn downwards and closes, and the mid-rail suppression is particularly obvious. However, it has been repeatedly tested and recovered near the 1610-1600 support level below. The space still needs to rebound and make small gains to accumulate strength to break through. Li Long Again, once 1600 falls, the short side will intensify. Remember to make a batch risk control plan when entering the market.
ETH operation reference:
After rebounding from 1635-1645, we put the short position in batches, targeting 1615-1600. If the position is broken, we will see around 1570.
BTC operation reference:
27800-28000 will be placed short in batches, with the target near 27200-26800
(Note: There is a delay in the release of each website, and the position is for reference only)
