This weekend, the market is no longer so quiet; instead, it continues the weak trend from Friday and is once again under pressure to decline. The daily chart of Bitcoin shows consecutive downward candles, and the previous day's upward movement was fleeting, quickly leading to a pullback. The extended lower shadow also indicates a wave of enticement in the market.
Currently, the price is fluctuating around the 1021 level. After this adjustment, we need to see if it continues to decline or rebounds. We should pay attention to the key level of 100,000 below in the next two days, as it is a critical point for the bulls and bears to compete, and also a turning point for future trends. If it holds, there is still potential for further upward momentum in the future, and all pullbacks or corrections may manifest in the next week.
Build long positions on Bitcoin between 1015-1020, targeting 1035/1040;
Build long positions on Ethereum between 2230-2250, targeting around 2300. $ETH $BTC #加密市场回调