Yesterday's market wash was really wonderful, successfully making many people exit the market, and also cleaned up the contract users. Although the price has returned to the original level, many investors' positions no longer exist.

Bitcoin ($BTC ) futures positions are increasing, but the spot transaction volume is declining, which means that the main driving force of the market comes from the futures market. No one can predict when the market will have a violent wash.

From the perspective of technical analysis, the price at the four-hour level is running below the upper track of the Bollinger Band, and the KDJ indicator has a dead cross downward, but has not yet diverged. Although the MACD indicator shows a golden cross upward, the trading volume has not increased. The current state is a shrinking increase, so it is necessary to be vigilant about the possible efforts of the shorts.

In terms of operation, it is recommended to focus on high altitude, seize the opportunity of retracement, wait for a rebound, and avoid taking over at high levels.

Specific intraday operation suggestions are as follows:

- $BTC : Short near $67,500, with a target of $66,000. If it falls below this price, it can be seen in the $65,000-64,500 range. Aggressive investors can enter the market at the current price of $57,100 and set up defenses.

- $ETH : Short near $2,630, with a target of $2,540. If it falls below this price, it can be seen at $2,500. Aggressive investors can enter the market at the current price of $2,617 and set up defenses.