Woke up, the highest point was at 1:30 AM, the key point is at 117,000, currently it belongs to the first situation, but it supported a bit at 116,000, and according to our operation, we should be in a Short Position now. Next, observe whether it breaks 116,000 and 117,000, using the 5-minute level lines to watch.

The longer it stays around the position of more than 116000, the more favorable it is for the bulls, the shorter the adjustment time will be, the more favorable it is for Bitcoin to make a new high, and the earlier the adjustment of Ethereum ends, the better. It is now 5 o'clock, and the line will close at 8 o'clock, while the daily line has already formed a long lower shadow. If it can hold this line until 8 o'clock, then one thing can be determined: it is not certain that it will rise, but it can only be confirmed that after 8 o'clock, the intraday low can be a good entry point, based on the effectiveness of today's long lower shadow of Bitcoin. And this intraday low will definitely be higher than 114600. Considering the fluctuations of the altcoins at midnight, even if you missed the opportunity, it hasn't risen much at all, or even not at all. So now it is better to wait and see.