In actual decision-making, it is very difficult not to be influenced by others, especially the opinions of the majority. When many people speak in unison, many will follow the trend and even change their original views.

Hello everyone, I am trader Gege. Continuing from the last discussion, let's talk about Bitcoin first. The daily mid-line ultimately could not hold, and the daily closing price fell back below it, continuing to be under pressure during the day. The K-line has returned to below the upper edge of the previous range. In the short term, we will continue to refer to the previous ideas as the market moves. The short-term resistance above is again referenced at the mid-line and EMA200 level, with support at the range center. If it breaks, we will extend to reference the lower edge, which is near the previous low and the lower boundary. If it breaks through the mid-line? The same previous idea applies, focusing on the high points and the MA30 level. For now, let's think at the daily level according to this idea.

From the 4H level looking at the K-line, this pullback just happened to touch the small ascending trend line, corresponding to a price of around 83000. This line is a short-term small support, also the support point of the trend line. Short-term traders can pay attention to this line; if it breaks, we need to refer to the range center, which is the support area around 81000-80000. The short-term resistance above is near 85000, with a major boundary near the high, which is around 87000.

The daily mid-line of Ethereum also did not complete the breakthrough, and it retraced to the MA7 mentioned yesterday. The 4H level pullback also did not break below the MA60 mentioned yesterday, so the support near MA60 can be referenced in the short term. If it breaks, we need to look for the support at the lower edge of the previous range. The boundary above is near the high, which is also the daily mid-line. Therefore, Bitcoin and Ethereum are similar; in the short term, we need to pay more attention to the breakout situations of support and resistance before deciding when to enter.

Short-term suggestions for Bitcoin: If it does not break 83000, buy at 83700-83300. If it breaks, buy at 81500-80800. Short at around 85000 with a 500 USD range, and if it breaks, short at around 87000 with a 500 USD range.

Short-term suggestions for Ethereum: If it does not break 1900, buy at 1940-1920. If it breaks, buy at 1870-1830. Short at around 2050 with a 20 USD range.

These suggestions are for reference only. Please manage your risk when entering the market, and control your profit and stop-loss space as you see fit. For specific strategies, please consult during trading.

Alright, friends, we will say goodbye until next time. I wish everyone success and smooth sailing in the crypto world! More real-time suggestions will be sent internally. Today's brief update ends here. For more real-time suggestions on Bitcoin and Ethereum, find Gege.

Written by/ I am trader Gege, a friend willing to accompany you in making a comeback.

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