$BTC $ETH Monday morning analysis and trading suggestions for Bitcoin and Ethereum
Old maps can never find new continents, while we are already sailing in an ocean without boundaries; what limits you is not the wind and waves, but the hesitant heart that does not dare to raise the sail.
Looking back at yesterday, Bitcoin retraced from the high point near 90497 to the low point near 88270, while Ethereum similarly retraced from the high point of 3128 to the low point of 3048.
From the current market perspective, the daily level has continuously closed in the red and has broken through the support of the medium-term moving average, with the bearish trend dominating. The short-term downward momentum has not yet diminished, and prices may further test support downwards. Despite occasional favorable policies, the market trading volume remains sluggish, and the lack of confidence among bulls has led to weak rebound strength; the overall trend still appears lackluster, and subsequent strategies should focus on shorting at highs.
In terms of operations, short positions should be laid out near 88500-89000 for Bitcoin, targeting 87000-86200.
Ethereum should be traded in line with Bitcoin's trend.


