🚨5/7 Weekend BTC/ETH Market Briefing🚨
🔶Due to factors like the conflict over the trademark, it is estimated that many have been harvested again, first a sharp drop of 5000 points followed by a big V recovery of 5000 points. Can you hold on?
🔶A few days ago, the Er family army stated that this is just a self-directed harvesting game, and one should not rush to short after a crash. Sometimes, it requires contrarian thinking. As expected, the price subsequently rose directly by over 5000 points, which only took a few hours. The question is, did everyone follow the current price strategy in the article at Bitcoin 101400 and Ethereum 2406, as well as SOL145 long position? If you did, that means a profit of nearly 4000 points for Bitcoin, a profit of 125 points for Ethereum, and a profit space of 7 points for SOL! In the future, there will be some positive news to support the market, for example, the appointment of the new Federal Reserve, which will be an important factor in advancing the interest rate cut process and boosting the market.
🔶Yesterday, I used a picture to inform everyone that after breaking through 2460, it would again face downward pressure near 2520 to touch 2460 before starting a new rally, which has been validated. (The third picture is the reminder image from yesterday's article)
🔶Currently, long positions are still held, but after reducing positions near 2510, another position was added near 2460, with an average price around 2430. So how should we operate next? I suggest maintaining a low long strategy, adding positions on a pullback and reducing positions at resistance levels, combined with moving stop losses to gamble for larger profit space. 140,000 Bitcoin is just around the corner! The weekend strategy is as follows:
🔶For $ETH , we still need to pay attention to the support near 2460, as well as the support strength around 2400 and 2340. For those without positions, focus on these levels to gamble for a long position. Pay attention to the breakout situation around 2530, and I suggest reducing positions here before gambling near 2807.
🔶For $BTC , for Bitcoin, focus on the support near 104000, 103500, 103260, and 102600 to participate in a long position. Observe whether the resistance around 105300 can continue to break through and stabilize. It is suggested to reduce positions here before looking at around 113100.
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⚠️Note that the above entry and exit points for Bitcoin have a deviation of ±100 and for Ethereum ±5 points, as well as the influence of news stimuli!
#科技巨头入场稳定币