As long as the road is right, you should not be afraid of the distance. Those who sow in tears will surely reap with songs of joy. If a person has a dream, it is just an intelligence. If the dream can be realized, that is an ability. So as a person, no matter where you go, you should always believe that you, who possess both intelligence and ability, will surely succeed. On Wednesday morning, Hangqin has been in a small and cyclic operation. BTC rose to around 69983 and then started to fall back. ETH rose to around 3891 and then fell back synchronously. Pang Lao's approach of first looking for a rebound and then looking for a fall in the morning also accurately predicted the market trend. Long orders for BTC gained 500 points, and for ETH gained 30 points. Currently, there is also a re-entry of short positions.

From the current market situation, the price did not break through the previous high, but instead collapsed due to exhaustion, showing a trend of falling back. The price has been repeatedly pressured at the upper limit on the 4-hour chart, and after a series of fluctuations, it still failed to show a unilateral trend. The market is still in a range of oscillation, with gradually shrinking space, indicating a consolidation phase. From a structural perspective, there have been repeated attempts to rebound followed by a pullback, but the rebounds cannot sustain the amplitude. Currently, the market is still in a narrow range of oscillation, but the overall trend is relatively weak. Now we need to look at the depth of the shorts' pullback. If the price continues to break below the support level, there is no need to consider long orders for the time being.
Operation suggestion: Short at BTC 68500-68300, target attention at 67000-66500. Short at ETH 3830-3820, target attention at 3700. #ContentStar# #BTC# #比特币#