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BTC surged to a new high again, releasing a bit of Favourable Information, which led to a violent Rebound. The daily candlestick started to shrink and fluctuate after reaching 106k, showing weakness in the face of strong pressure Rebound.
ETH is performing steadily, without showing strong resilience, but also recovering from the previous two days' decline. There is heavy pressure around 2470, so we will observe its performance.
So I still maintain a bearish view on the big cake. The order flow suppression level is near 1065, and there is a new gap in the cme futures. The bullish liquidity near 1042 below is relatively large, so I think the price will continue to decline. Therefore, the short position has entered the market. Now the high position at the top is oscillating, and the current capital volume is not sufficient to continue to pull up, so patiently wait for the price to fill in #BTC# #ETH#
ETH is relatively stable, not showing much resilience, but it has also recovered the losses from the previous two days. There is heavy pressure near 2470, so we will see how it performs in testing.
Therefore, I personally maintain a bearish view on BTC. The order flow suppression level is around 1065, and there is a new gap in CME futures. There is significant bullish liquidity near 1042, so I believe the price will continue to go down. The short orders have been placed, and currently, the high-level oscillation is happening. The current capital volume is insufficient to continue pumping, so we must patiently wait for the price to fill.