Good afternoon, brothers. Last night I thought the market would drop directly, but unexpectedly, after being pulled up by the market maker to a small new high, it started to pull back. Yesterday at noon, I mentioned that if Bitcoin doesn't break below 68, it would go short at 715, and for Ethereum, short around 21. The short position for Ethereum didn’t work out, but the short position for Bitcoin is currently in a profitable state. Just make sure to move the stop loss to lock in the profits!

Today pay attention to the position of the white line. As long as it doesn't close above the white line, the bullish trend weakens. You can enter a long position for Bitcoin near 680, and enter a normal position around 66. For Ethereum, enter a long position near 1990 and a normal position around 1930. If you don't have any short positions, don't chase it now; it has already dropped to the previous low from last night's live broadcast. Let's see if it can rebound to the vicinity of the white line. Aggressive short positions can be entered lightly, and set the stop loss at last night's previous high. Normal short positions should wait near the resistance level!

Recently, some people say the market is hard to trade, while some brothers say it’s easy. Whether it is easy or hard depends on the size of individual positions. The weekly level top and bottom have already been established, and the daily level moves in waves. You can go long at the bottom and short at the top of the wave. As long as your position is light, even if your entry point is not good, you can manage your positions or average down. If your position is a bit heavy, after one wave, when the price comes back, your position might be gone. We can allow ourselves to become rich slowly, but we must not think about getting rich overnight.

Today I need to go out of town, the evening live stream may not happen. The CPI data will be released at 8:30 PM, everyone should pay attention and be sure to use light positions!

Today's market analysis:

Today, pay attention to the position of 70300. As long as the 1-2 hour level does not stand above this position, the smaller level will continue to pull back. Pay attention to the support levels around 68300-67020-65590!

Today, only if the close is above 70300 for 1-2 hours is the pullback considered over. For the upward trend, pay attention to the resistance levels around 71730-74040-75500!

Today, pay attention to the position of 2040. As long as the 1-2 hour level does not stand above this position, the smaller level will continue to pull back. Pay attention to the support levels around 1990-1955-1905!

Today, only if the close is above 2040 for 1-2 hours is the pullback considered over. For the upward trend, pay attention to the resistance levels around 2088-2150-2200!

Today, pay attention to the position of 644. As long as the 1-2 hour level does not stand above this position, the smaller level will continue to pull back. Pay attention to the support levels around 634-621-610!

Today, only if the close is above 644 for 1-2 hours is the pullback considered over. For the upward trend, pay attention to the resistance levels around 653-666-686!

Today, pay attention to the position of 86. As long as the 1-2 hour level does not stand above this position, the smaller level will continue to pull back. Pay attention to the support levels around 84-82-80!

Today, only if the close is above 86 for 1-2 hours is the pullback considered over. For the upward trend, pay attention to the resistance levels around 88-91-94!

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