Good evening everyone Today's evening report is here
All the long positions entered in the morning have been exited Ethereum is indeed weak, Bitcoin is only pulling up to 3700, so I exited. After all, breaking through around 120K for Bitcoin isn't that easy. There's no need to take such a big risk to gamble. Let's see how to place orders tonight.
In this kind of market, there's no need to analyze resistance and support. It's just about whether to go long or short. Ethereum is feared to have a further drop, so avoid going long too close. Tonight, let's go for a low long. Long Ethereum at 3628, stop loss at 3566, take profit above 3800, and we can see 4000 later. Bitcoin is still at 116288 for a long position, stop loss below 115K, take profit around 119000-120K. SOL still has a chance for a rebound. I didn't dare to trade today as it dropped. I estimate it's hard to hit such a low again. Let's hold off for now.