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2:00 AM
BTC, ETH Night Viewpoints
BTC just finished saying that the pullback strength is weakening, and then it started another pullback, disrupting the daily trend to recover the rebound. It feels a bit like a slap in the face. It seems that whether the rebound can strengthen this week still depends on whether tomorrow's speech reveals any information.
At night, pay attention to 1136 first. If this position cannot be broken, there is a high possibility of a pullback to test the two positions of 112000-111050. Conversely, if a recovery occurs during the four-hour pullback, the upper targets to look at are 1136-1148 in order. The choice of opening long or short positions should refer to the market trend and the price points.
ETH
Currently, the rhythm of the rebound on the daily chart has not been broken, but if Bitcoin weakens, Ethereum will not remain strong for long. The focus during the night is around 4160. If this level breaks, pay attention to the possibility of a pullback or a spike near 4060-4026. On the four-hour chart, it has basically recovered, so we should first focus on whether it can break through 4300. If it breaks, the next resistance is at 4380-4450.
I am Yaoyang, sharing my views and thoughts on three meals every day. Friends who like it, please follow me. #BTC# #ETH#