Bitcoin and Ethereum Today's Market Analysis

Bitcoin is currently in a small range of fluctuations, oscillating between 83 and 86. Last night, it came to the bottom of the range near 83 again. From the 15-minute level, it can be seen that 83 has held well several times, and 86 has also been tested several times. Therefore, the most suitable positions for trading are to go long near 83 and short near 86, or if there is a solid break below 83 without a rebound, go short. The same applies if it breaks above 86. 845 is currently the dividing line between bullish and bearish for Bitcoin.

For Ethereum, the weekly level is about to form two doji candles, so those who are trapped in short positions at the bottom should pay attention! For Ethereum to continue rising, it needs to break through 1690 forcefully. Ethereum has formed support near 1550.