22:40 BTC, ETH evening perspective


During the day, I talk about position; in the evening, I talk about perspective. I am Yao Yang.

The BTC has been somewhat range-bound today, and the long positions are still unable to enter the market. The rebound hasn't even effectively broken through 11100 once, let alone the levels above 111800-112800-113600. It is highly likely that the market movement will occur again after midnight. It seems that even after last night's sudden drop to 1085, the main force has not taken action, and the capital volume is insufficient to push BTC up.
The early morning focus for BTC is on the 111000 line. If we cannot break through here, we may see another pullback that could lead to new lows, with the possible low being around 107700-105600. For long positions, please leave a message to participate near these two levels. If we break through in the early morning, we can then look at 111800-112800 in sequence. Additionally, if we break through the 113600 level, then this round of pullback can be considered over, and we will start to recover with a daily chart rebound. As for what many people say about it dropping to a number starting with 9, I can clearly say that if this round of decline reaches a number starting with 9, I will take the entire market.

After all, where is the capital volume for ETH? In a single day, it can easily fluctuate several hundred points, and regardless of how much it drops, the subsequent rebound usually has a space of at least 100-200 points. After dropping to 4310 in the morning, it began to show a basic rebound on the four-hour chart. We need to pay attention to the 4600 position in the early morning. If it cannot break through here or if the overall market does not rise, the strength of the rebound will also be limited, even if it has now deviated from the overall market trend, it will still be influenced by the overall market, but it is just showing enough strength. The overall resistance levels are 4600-4680-4800, and the support levels are 4300-4215-4100. #BTC#
ETH2.09%
BTC1.55%
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