10.3 At noon, the big cake broke 60,000 and fell for four consecutive days. What should we do next?
The idea of yesterday's article gave that both long and short positions have been fulfilled. 603-598 long 800 points to fulfill; 619-624 short 1k points to fulfill. It is still recommended to choose only one direction.
There are still many bottom-fishing troops, but the air force is stronger. The two lower shadows on the daily line are not shorter than the real body. It is best to get rid of all the short orders below 630. The daily level and the 4-minute level are still bearish. The 4-hour KDJ forms a small golden cross but it is not obvious, and the RSI returns to normal levels. The 1-hour level and the 15-minute level are rebounding.
Ethereum rebounded at a low level and the short orders were not caught. The long orders last night are currently held. Ethereum 4-hour RSI entered the oversold area.
The direction has not yet been formed, the rebound strength is unclear, and the safety point of the short order is unknown, so keep low and long conservatively.
Keep low longs in mind, BTC60100-59500 take longs to defend 59000 and stop profit above 68,000
Ethereum 2335-2300 take longs to defend 40 points and stop profit to be determined
