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Bitcoin started to rebound as scheduled, and last week we successfully captured all of this decline. Bitcoin fell from 102800 to around 92500, and we also made a profit of nearly 10000 points. In recent days, Bitcoin has also started to bottom out and rebound, continuously rising. Bitcoin has reached around 100000 yuan. From the daily chart, the overall trend is still upward, with upward pressure around 100 and 200 yuan. Based on the current trend, it should be easy to break through. The downward support has reached around 95000 yuan. From the 4-hour level, the downward support has reached the 98000 yuan line, and the upward pressure has reached the 100800 yuan level. Bitcoin's highest point of 108000 yuan before the year is difficult to break the level. The second highest point of this rebound can be used to lay out long-term short positions again. I will notify everyone to enter the market with short positions at that time.
Ethereum has also reached a crucial position in the past few days, the range of 3450-3500, which can be understood as the boundary between bull and bear. If this wave can break through and stabilize above 3500, then continue to look above 4000. Otherwise, look down at the 2800 position. Currently, from the daily chart, Ethereum has fallen back to around 3500 and is under strong pressure, with support below reaching around 3420. From the 4-hour level, if it is currently experiencing a box level oscillation, it still depends on the key position of 3500.
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Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.
