Futures
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One platform for global traditional assets
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Hot
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CandyDrop
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Your heartbeat races with the price, market conditions change in a blink, seize that fleeting opportunity, enter decisively, and wealth will naturally flow in. From early Tuesday morning to morning, Bitcoin's price fell from 70394 all the way down to the 67400 level, then began to rebound and rose to around 71800 at its highest point before pulling back, showing oscillation around 70555. Ethereum's price also followed Bitcoin's trajectory, fell all the way down to the 2023 level, then began to rebound and rose to around 2198 at its highest point before pulling back, showing oscillation around 2150.
After the price surged higher, it quickly pulled back with a long upper shadow, indicating heavy selling pressure from above and weakening bullish momentum. Subsequently, consecutive small-bodied candlesticks printed, with rebound strength continuing to weaken. The 4-hour level is gradually constructing a short-term top formation. Currently, the price is repeatedly facing pressure in the previous high zone. If it cannot break through effectively and stabilize, the downside space may further open up.
Bitcoin: Short at 71000-71500, target around 68500
Ethereum: Short around 2180, target around 2050