11.30 Morning Strategy Analysis by Lao Hu

Yesterday, there was a switch in intraday volatility, providing several good opportunities for short-term positions. In the evening, it stayed above 97,000, adding an upward momentum to the market. Especially the one-sided historical move on Friday was still fresh in memory. A short order was placed in the 97,100 area, and I decisively took profit at 300 points, even if you laugh at me. As expected, what should come has come, and a strong wave of short orders washed through. I timely exited at the top, and later gave a warning about the resistance at 98,700. The rebound stopped exactly here, and I accurately captured the decline.

In the early morning stage, I see a continuation, but it has not yet broken out of the inhumane trend, indicating that the dealer still doesn't want to make it look too ugly, but this decline is just a matter of time.

The rise cannot continue, and the fall happens in an instant. It also began to decline from this weekend last week. If there is no accident, there is a high probability that today will continue the trend of falling below the high point of the Bearish line.
Focus on following the intraday pressure zone, the hourly chart rebound high of 97600, followed by 98500, support 95000. First, take a short position around the interval high, and then come down in the area!

Ethereum, Rebound is still the same, with pressure at 3630, support at 3470, following the same trend as BTC!
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