💥The current market situation is very tense, when will a turning point appear? Tonight! 🔥
Currently, Ethereum has been ranging between 1730-1860 for a week. If this range cannot be broken, it will continue to consolidate until next month, and the monthly line is about to close, so the market fluctuations will not be very large!
If it breaks above 1860, it will rise further; if it drops below 1740, we could see 1680. As long as this range is not broken, it will keep oscillating, making it difficult to establish a trend and increasing the difficulty of trading.
Another point is BTC, the current strong resistance level for BTC is around 95000, but it is not dropping, which also makes trading very challenging! As it stands, the market is fluctuating back and forth!
We will wait for the release of multiple data points this evening to see if they can drive a breakout above the resistance level or a drop below the support level. It is recommended to stay in cash for now and wait!
At that time, I will also look for opportunities to enter the market! Fans who want good strategies can follow me for detailed entry points and top position management! 🚀
