Next week, Bitcoin and Ethereum are unlikely to continue breaking through and will likely experience a pullback.
This week's market is expected to enter a correction phase after a rise, with volatility likely limited. Focus can be on key range setups:
Relying on the upper pressure at 118400, short positions can be attempted; the support area at 116800 is suitable for light long positions.
The main theme will be 'short high and long low'. If the support at 116000 is broken, the trend may shift downward, and attention should be paid to the testing opportunity at 111000.
Ethereum's rhythm is similar; recently, the bullish momentum has slowed after a rise driven by news, making significant breakthroughs difficult in the short term. Key points to watch:
- Resistance at the 3010 area, where short positions can be considered;
- Support at the 2915 area, where short-term long positions can be attempted.
Again, the focus will be on range trading. If the support at 2870 is effectively broken, the downward space is expected to open up, further targeting 2530.
Next week, we will also gather external fans together, synchronously issuing current price welfare orders in real trading.
Have a great weekend, wishing everyone successful trading and abundant profits! $BTC $ETH #交易策略误区 #套利交易策略