Happy Weekend! Happy Weekend!
The weekend hasn't shown much fluctuation, just a few hundred points back and forth, not worth trading. After five days of topping out, it should be exhausted and ready to go out and spend.
The cryptocurrency experienced a drop to around 100,000 but quickly rebounded, indicating that the bullish sentiment in the market remains strong. The support at 100,000 is still robust. Therefore, the opportunity for the cryptocurrency is around 100,000, in the range of 102,000 to 100,300, to set up long positions, with a stop loss if it breaks below this level. The pressure above for the cryptocurrency is around 1,067,000; you can set up short positions in this vicinity, and similarly, stop loss if it breaks above. If you're aggressive, you can short now with a light position; if it goes up, add more, and stop loss on a breakout.
The opportunity for Ethereum long positions is in the range of 2,450 to 2,380; this range is where you can set up long positions, with pressure above at 2,550, 2,600, and 2,650. Currently, the oscillation range for Ethereum is between 2,730 and 2,380. Without a breakout or a drop below this range, the closer you get to the upper boundary, the more opportunity there is to short, and the closer you get to the lower boundary, the more opportunity there is to long. If you can't hold, control your position size; for example, if you usually open 10, you can open 2, so you can hold on.