Today, the US stock market is closed for Independence Day. With the weekend approaching, the cryptocurrency market is likely to fluctuate within a range, so there's no need to chase the market too much~
After Bitcoin surged to 110,000, it started to pull back and is currently in a correction phase. The daily trend still looks strong, but there isn't enough momentum to break through the previous high of 112,000, so the likelihood of a direct surge is low. Therefore, today we'll focus on the range of 108,500-110,500, and avoid chasing the highs and lows.
In terms of action, we can start with a low long position:
Long Bitcoin around 108,500-109,000, with the initial target at 110,500. If it reaches that point without breaking through, then consider shorting.
Ethereum is in sync, long at 2,530-2,560, targeting 2,635. If it doesn't break, it can also be shorted.
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