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The high position of the pancake around 107000 has been sideways for several days, and it has been washing away at a high level. The important support of 106800 has not been broken, and every time it is a feint. However, the daily high point is getting lower and lower, and currently only one bearish candlestick is needed to break through 106800. Then complete the transformation of the life and death line. The trading volume has been significantly high and continuously decreasing, without the support of trading volume, this market cannot rise for long. We can patiently wait for the daily line to break through.
Ethereum can also be considered a true daily break, with Bitcoin slightly stepping back and Ethereum directly releasing floodwaters. A few days ago, the highest point was around 2510, and then it quickly fell to the level of 2380. Follow up with the bottom neckline at 2250. If not broken. You can consider taking a long position at a low level. Currently, the Ethereum life and death line is around 2310, and the specific location can be notified during my live broadcast
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Operation suggestion: Put Bitcoin 107800 to 8000 short. Defend 108500. Target 102000
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