With the resurgence of Bitcoin, what is the future of long and short?
After the opening of Bitcoin this week, Bitcoin first went up to the 12,000 mark, the highest reached around 12,050, and then fell back under pressure. The market was in a volatile downward channel all day yesterday, and reached the lowest point around 11,100 at 5 o'clock this morning. , currently consolidating around the price of 11350;
Today’s bitcoin daily market is seeing a rebound. The first pressure level above is at the 38% Fibonacci retracement line at 11468, the second pressure level is at 50% at around 11580, and the lower support is around the morning low of 11100;
The overall operation can be maintained at high altitudes and low multiples. When entering the market, do a good job of risk control, and take a good stop loss and take profit;
The Ethereum market is very simple. It is currently in a bearish trend. Yesterday’s wave of decline opened up the space below. The daily market is the same as Bitcoin, mainly depends on the strength of the rebound. The upper pressure is around 381.4 at 61.8%. Here Not broken, Ethereum operations are mainly at high altitudes!


