🍎7.5 Day Midday Market View.🍎
$BTC Viewpoint:
You must have seen this message, an ancient giant whale address holding more than 80,000 bitcoins has shown unusual activity. If they were to dump, that would be quite exhilarating. There is no need for everyone to worry, since it can't be stopped, just enjoy it! Perhaps they are simply organizing their wallet.
Bitcoin broke through 108052 on volume, with the hourly closing price above 108052, go long on the right side, stop loss if it breaks.
107755 on volume broke down, bounced back but couldn't recover, go short on the right side, stop loss if it recovers. Pay attention to volume changes, and manage your stop loss.
107153 showed a false breakdown, recover and go long with a light position, stop loss at the false breakdown low or if it breaks 106372, don't go long if it can't recover.
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Bitcoin's hourly level broke and stabilized at 108226 looking up at 109089-109764; it can only look up if it stabilizes at 108226.
Caution when shorting Bitcoin: if 109977 shows a 2b false breakout, go short one position, stop loss if it stabilizes at 110740.
Conservative players wait: 105203 long, stop loss if it breaks 104565.
Please look at the chart: the yellow trend line at the 4-hour level has been supported twice after pullbacks, but the third pullback could not hold and broke below this trend line. Currently, this yellow trend line is the resistance for Bitcoin; only by breaking through this trend line can Bitcoin continue to rise; if it can't break, Bitcoin won't rise.
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Upper resistance: 108266-109107-109746
Lower support: 107178-106332-105177
At the 4-hour level, if 107227 breaks down, look down at 106324-105240; if it breaks 106324, Bitcoin will undergo a 4-hour level correction.
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$ETH Thought:
Ethereum broke through 2517 on volume, go long on the right side, manage your stop loss.
2490 on volume broke down, go short on the right side, manage your stop loss.
Pullback to 2458 to confirm effective support, go long one position, stop loss if it breaks 2429.
Ethereum's hourly level broke through 2523 looking up at 2558-2584; 2523 is very crucial, stabilizing above it will initiate an hourly upward trend for Ethereum.
Keep an eye on 2585 above for a short position, stop loss if it breaks 2617.
Left side orders: 2407 long, stop loss at 2376.
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Upper resistance: 2522-2556-2584
Lower support: 2500-2468-2432
At the 4-hour level, if 2477 breaks down, look down at 2432-2384.
Ethereum is currently in a daily level range fluctuation; you can trade high and low around this range, and disperse after the meeting.