Today's market analysis

The currency circle experienced a baptism in the U.S. market on Monday, with BTC falling from 28,000 to 27,260, and ETH hitting 1,543.

The short signal from the Ethereum Foundation’s sell-off has caused some panic

Highlights of this week:

1. Macro data such as CPI

2. Can the fighting between Palestine and Israel escalate the third world war?

ETH fell to a recent low of 1543 last night and then began to rebound to 1594. It has not yet broken through 1600. If ETH still does not break through 1600 before 18:00, it may fall again. A decline is a high probability event. The downward target is currently around 1503. Generally, there will be a certain degree of rebound at the integer mark.

If BTC can stand firm at 27,000, the upward trend will continue. Pay attention to things happening in the middle of the night after the middle of this month, and avoid BTC pins near 26223.

At present, the bullish trend of BTC has not completely gone bad, and the performance of ETH is very weak. It is still unclear who will drive who in this wave of prices.

Personally, I think there is still an upward trend, and Ethereum's selling of ETH may be a smoke bomb.

Order-making strategy: (Build a position at a low multiple)

BTC long order: around 27070 stop loss: 26932 stop loss

Summary of opinions: Wait patiently, it is best to hold U short position, there may be opportunities to buy lows this week