5.30 BTC/ETH Market View:
The support for low long positions provided at midnight has already been taken! The best part about the Dragon Boat Festival is that the highways are not free; as expected, not being free means no traffic jams, and the journey is truly smooth. It feels great! Taking a break at the service area, drinking some coffee to refresh, and by the way, let's briefly discuss the market! Currently, Bitcoin holders have long positions at 105000, and Ethereum at 2550, both are in profit, so continue to hold! Bitcoin needs to stabilize at 107000 today to gain bullish momentum and confirm the end of the pullback; otherwise, be cautious about chasing upward! Ethereum needs to stabilize at 2650 to consider the risk of a correction eliminated; otherwise, it might continue to drop!
The upper resistance for Bitcoin is at 1056500 and 107000. Only if it stabilizes at 107000 can we chase upward; otherwise, we can only ambush low long positions at lower levels and make a rebound. If you are doing short-term trading and find that 107000 cannot hold, it is also possible to short! The market is fluctuating, so do not expect too much profit; reduce positions at 1000 points and take profits at 2000 points. After reducing positions, just change to breakeven loss, and that’s enough!
For lower support, pay attention to 105000 and 104000 here; you can ambush a low long position here with a small stop loss. Targeting upward looks at 106000, 107000, and 108000.
For Ethereum, the lower support is at 2550 and 2500 here; low long positions can be entered around here. For high short positions, there is no suitable location; Ethereum has large volatility and quick movements, making it not easy to grasp, so be cautious and only ambush low long positions, while high shorts are not considered!
Alright, let's continue; there are still several hundred kilometers to go. Thankfully, there is no traffic, so during the holidays, it really should be free; otherwise, it would be too congested! The views are for reference only; everyone must remain rational, view clearly, set stop losses properly, and manage positions! The square has been upgraded; some articles cannot be seen on the homepage because they have been categorized under references, so everyone can give it a try! #中心化与去中心化交易所
The support for low long positions provided at midnight has already been taken! The best part about the Dragon Boat Festival is that the highways are not free; as expected, not being free means no traffic jams, and the journey is truly smooth. It feels great! Taking a break at the service area, drinking some coffee to refresh, and by the way, let's briefly discuss the market! Currently, Bitcoin holders have long positions at 105000, and Ethereum at 2550, both are in profit, so continue to hold! Bitcoin needs to stabilize at 107000 today to gain bullish momentum and confirm the end of the pullback; otherwise, be cautious about chasing upward! Ethereum needs to stabilize at 2650 to consider the risk of a correction eliminated; otherwise, it might continue to drop!
The upper resistance for Bitcoin is at 1056500 and 107000. Only if it stabilizes at 107000 can we chase upward; otherwise, we can only ambush low long positions at lower levels and make a rebound. If you are doing short-term trading and find that 107000 cannot hold, it is also possible to short! The market is fluctuating, so do not expect too much profit; reduce positions at 1000 points and take profits at 2000 points. After reducing positions, just change to breakeven loss, and that’s enough!
For lower support, pay attention to 105000 and 104000 here; you can ambush a low long position here with a small stop loss. Targeting upward looks at 106000, 107000, and 108000.
For Ethereum, the lower support is at 2550 and 2500 here; low long positions can be entered around here. For high short positions, there is no suitable location; Ethereum has large volatility and quick movements, making it not easy to grasp, so be cautious and only ambush low long positions, while high shorts are not considered!
Alright, let's continue; there are still several hundred kilometers to go. Thankfully, there is no traffic, so during the holidays, it really should be free; otherwise, it would be too congested! The views are for reference only; everyone must remain rational, view clearly, set stop losses properly, and manage positions! The square has been upgraded; some articles cannot be seen on the homepage because they have been categorized under references, so everyone can give it a try! #中心化与去中心化交易所
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BTC
104,383.53
+0.31%
