The big cake has reached a new high, and the bears estimate it's all over. A single-day increase of over 7000 points. Although the bullish trend continues, there are signs of a pullback after the high-level fluctuations. Especially Ethereum, which has approached 3000 for the first time in six months. Is anyone still holding strong?
Last night it was mentioned that there would be an issuance of 1 billion USDT. Those without long positions should wait for a pullback, even a small one will do. Only BNB and SOL have risen to the second and third resistance levels, while Ethereum is directly pushing to 3000. Those who are long must be feeling great, right?
Therefore, in the short term, rely on yesterday's high for adjustments and pay attention to the support at 115200 and 114500. If the high points are broken again, the strong trend will continue, and one should exit in a timely manner.
This big surge is temporarily about done. Today we will see a small-level pullback. Those without positions should continue to wait for a chance to go long below. Want to short? Do you still have bullets? The bullish trend hasn't weakened yet, so hold off on shorting for now. In short, a bull market doesn't call a top; don't short just because you think it's going down!
