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Whether it's Bitcoin or Ethereum, the market is still in a downward channel. The coin price has dropped to around 114300. Currently, there has also been a pullback. Ether is the same, breaking through the low of 4220 again, falling to the level of 4192. For the friends who follow our ideas, I can only say these few waves have directly made a lot of profit.
Currently, the bears have formed a very obvious bearish cannon trend. The daily chart shows a triangular convergence structure. If the 114300 support holds, it may form a double bottom; if it breaks successfully, the trend can continue. Looking down to 112500. Ether similarly maintains the strategy, waiting for the price to pull back to around 4250 to continue shorting. Be sure to set a stop loss. #BTC #ETH
Short Bitcoin around 115500, watch 114000
Short Ether around 4250-4270, look at 4160