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Last night, BTC decisively fell below the key support level of 3355, and this break has clear technical significance, announcing the absolute dominance of the short positions trend. This position serves as a short-term dividing line between bulls and bears, and its breach indicates that the space below has been opened. We promptly implemented a stop loss and took the opposite position, which is a sign of respect and adherence to the market's turning signal.
Currently, Ethereum has retraced to the 3290 level, which is not an independent trend but closely follows the weakness of BTC. From a technical perspective, this position lacks strong support and resembles a downward continuation. The overall market structure has shifted to a weak pattern of "fall - consolidation - further fall," with the moving average system showing a bearish arrangement, continuously pressuring the price. In summary, the market's short-term bias is clearly bearish. The main strategy should be to short on rebounds, with the 3300-3330 area becoming a key resistance zone for Ethereum. Until a clear bottom reversal signal appears, the core strategy is to follow the trend and strictly control risks.
#美国ADP数据超预期 $BTC
BTC strategy: short around 101300, target 100000
Ethereum strategy: short around 3300, target 3220