Bitcoin and Ethereum market analysis: Do you still believe in rising?
The currency holders said before that the high point of Bitcoin keeps moving down, from around 12,000 to around 11,800 to around 11,600, and the current high is expected to be around 14,000. I also wrote before that there will be a short period of temptation. Bitcoin’s low point on the 22nd fell below the 111,400 line. At the same time, Ethereum fell below the 400 integer mark, and then the market rebounded slightly normally.
BTC market analysis: The bitcoin market has shown a downward trend since last night. Although there was a pause in the middle, it could not stop the overall downward trend. It touched the 11117 line at 2 o'clock today, and then the market rebounded slightly. It is currently consolidating near the 11300 line. The suppression level of Bitcoin is at the 11412 line in the coin holder chart, and the support level is at the 11130 line.
ETH market analysis: Ethereum's lure point was at 410.36, and then the market plummeted. Although there was a small pause between the year-on-year and Bitcoin, it did not affect the general trend. For Ethereum suppression, first look at the 385 line, and then at the 392 line. Support is at 370. It was said before that the black swan event of the currency holders does not happen, and the thinking of the currency holders remains unchanged.
Currency holders BTC/USDT: You can short around 11400-11500, target 11130, stop loss 100 points.
Currency holders ETH/USDT: You can go short near 385 light position -392, target 370, stop loss 10 points.


