The cryptocurrency market is experiencing constant fluctuations today!!!
Ethereum is currently oscillating at a high level, likely completing its adjustment in a fluctuating manner, with a low probability of a significant drop. It is recommended to hold spot positions, and leverage funds can be appropriately reduced. The daily resistance level is at 4000, and the support level is at 3600. Bitcoin has completed a small triangle breakout and is currently in a correction phase. During the pullback, one can continue to go long, but it is advisable to take short positions at high levels and closely follow stop losses.
It is worth noting that mainstream coins are breaking new highs one after another, and SOL will not lag behind. Prices around 200 are still a good opportunity to increase positions, and a pullback presents a buying opportunity, with resistance at 217 and support at 190. Overall, Bitcoin and Ethereum are oscillating towards previous high positions, mainly focusing on holding. If fully invested in spot, one can withdraw part of the funds to operate with leverage below 10 times, aiming for greater returns.
