👋 Good afternoon everyone, today I will give a simple analysis of the price trend intentions of Bitcoin and Ethereum. 🏃#BTC走势分析 #ETH
⚠️ Open short positions well! Face destiny directly! ⬇️ There are operational position suggestions, if you brush to it, it’s fate. If you make money, please leave me a free follow 🫡
The current Bitcoin price is at 94338, looking at the long-term trend, the current reversal has already formed a major trend or the bulls are in control. The price is currently in a short-term fluctuation range of 95000 to 93500, and the short-term has hit the support level. ✊ This market situation is still very friendly for short-term traders, as they won't position a single order too rigidly. Previously, Bitcoin soared to 97000, and after the May Day holiday, it has retraced about 5% from the peak. The reversal from this wave's bottom has shown that a short-term top has already appeared. 🫸 (The two elements of reversal: creating a higher high and measuring a higher low.) From the current trend, we still need a decent pullback to confirm the bottom before we can continue to be bullish. An upward movement without a pullback is not a good rise, so we still maintain a short mindset to trade this wave! Bitcoin operation suggestion 🌟: Short at 95300, stop loss at 96000, take profit can be seen around 92000 (first target at 93100) 🌟$BTC
The same view applies to Ethereum. Recently, it has been filled with various false messages. The short-term trend of Ethereum is still relatively strong, and the standard for short-term operations is good, even though the profit is not large! Ethereum operation suggestion 💫: Go long at 1830, stop loss at 1852, take profit around 1752 (first target at 1773 can take half first) 🥂$ETH