The market is gradually declining today, after breaking the strong resistance at 61000 yesterday, but also not allowing the continuation and waterfall drop, hitting the lowest point of 58876 in the early morning, and then starting to fluctuate. ETH reached the highest point of 2596 in the early morning, and with the decline of BTC, ETH also decreased sharply, touching the lowest point of 2510. At noon, the market is showing a long and short fluctuation activity. So far, the market has turned slightly, and the current market is running around the 59000 level.

From the current market data, the trend reversal in the evening has returned after the support below is turned on again, causing the market data to once again fall into a fluctuating state. From the recent trend of market data, it is not difficult to see that currently, whether Long or Short, the continuity of the market is very poor. But no matter how many times the market goes down, it is difficult to execute the Short position and there is no specific breakthrough, but always accompanied by a rebound space. Combined with the recent morphological structure, the prospects for the future still have the momentum to rise again. The short-term trend does not have many major changes, mainly adjusting fluctuations, the market cannot continue to rebound, and currently, the downward trend seems weak, expected to have the possibility of a rebound, but not significant, overall still leaning towards the Long position, the afternoon strategy remains unchanged, focusing on the Long position at the support below.
Advice on activities
The target of Long BTC58600-58800 is 60500.
ETH2480-2500Long Target 2570
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