Happy Sunday! Waking up from a good sleep feels amazing. It's been a while since I slept before 22:00 and woke up until dawn. Good brothers and sisters, if you work intensively for a long time, you really need to experience the feeling of going to bed early and getting up early on the weekends. That feeling can truly make you feel ten years younger!
Yesterday's market was quite normal, with some intraday push for longs, a slight rebound after hitting the bottom in the early morning. Right now, we are in a period of fluctuating and rising. In the afternoon and evening, we are expected to see significant volatility for the weekend. The weekly K-lines are about to intersect, and the moment for liquidity to be seized is coming!
This weekend, the opinion of the 'Sao Ge' remains unchanged, which is: smaller fluctuations, reduced risks, and both long and short positions can be taken. Just get the rhythm right, especially before 14:30 on Sunday afternoon; this is very useful. Some friends love to trade on weekends because the volatility is low and although the space is small, it is stable!
BTC Focus
Support at 100305/98500/96500
Resistance tentatively at 107507/109465
Key points at 103055/104757, with the lowest point at 104200 this morning, now entering the aggressive range of 103055-104757, let's have a small rebound at this moment!
ETH Focus
Support at 2403/2343/2285/2215
Resistance tentatively at 2627-2665/2719
The lowest point this morning was a pullback to 2486, currently at the line of 2537-2542, continuous consolidation. The probability of touching the line of 2585 again tonight is increasing. We just need to maintain a stable range at the lowest standard of 2460-2480, then the rebound tonight and in the early morning will have this demand!
In terms of operations: The aggressive positions from yesterday's strategy that have already hit are ineffective, while the unhit pending orders remain valid!
Just give the opportunity to trade, and having stop losses is nothing to be afraid of. Trading is all about making a trading plan and executing it strictly. The more you think, the more chaotic the trading plan becomes, and the more chaotic, the more losses you incur!