The #阿布扎比稳定币 Crypto Reserve Bill has been passed, and the long and short game battle is about to break out! 4.29 Bitcoin Aunt's evening thoughts

The BTC strategic reserve bill in Arizona has been passed, making it the first state to recognize the status of crypto assets. Although the purchasing power of one state is not enough to influence price trends, its symbolic significance outweighs its practical significance. With the first, there will be a second!

The liquidation map shows that if the coin price breaks through 97500, nearly 1.5 billion US dollars of short positions will be liquidated, and breaking below 90000 will liquidate more than 2 billion US dollars of long positions! The competition between long and short is fierce!

During the day, a short strategy was given, and I made a small profit before exiting. The crypto reserve bill has made me suspect that the coin price will rise again. Although there is a strong demand for a technical pullback, the market is being firmly supported, and it is not falling. Bitcoin has been consolidating around 95 during the day, while Ethereum is consolidating above 1800! For the evening operations, Conan still suggests primarily placing short orders at high positions, with additional long orders on pullbacks! Pay attention to resistance levels at 95500, 96000, 97000, 98000, and 99500, and support levels at 92700, 91600, 90500, 89000, and 87000.

4.29 Bitcoin evening and early morning operation strategy: Aggressive traders enter short at 95300-95800, with a stop loss above 96000. If it strongly breaks 96000, then enter short at 96500-97000, with a stop loss near 98000, targeting around 94500-94000-96000-92700. If it breaks, look at around 92000-91600, and if it breaks further, then assess the situation!

4.29 Ethereum evening and early morning operation strategy: Enter short on a rebound at 1830-1850, with a stop loss near 1880, targeting around 1800-1770-1750. If it breaks, look at around 1720-1700, and if it breaks, hold and assess the situation!