Market Analysis on Monday Evening



In the early hours, due to a giant whale sell-off, the market plummeted rapidly. Throughout the day, the market continued its downward trend, with both mainstream coins and altcoins experiencing a certain degree of decline.

From a higher-level trend perspective, the overall market is starting to weaken, and the main players are signaling to short. Therefore, if there is a slight rebound tonight, it can be shorted!

The operation suggestions are as follows:
Bitcoin: If it rebounds to around 112200, short positions should be taken, with target prices sequentially looking at 1100 - 1090 - 1080.
- Ethereum: If it rebounds to around 4670, choose to short, with target prices at 4550 - 4450.
BTC-1.34%
ETH-4.26%
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