The eldest is timid, the second takes the lead, the spring of altcoins is once again upon us, good morning brothers, I am the teaching chain. There are no major data or events this week, so what reflects more is the technical aspect and market confidence. Yesterday morning, Ethereum led the rise, altcoins surged, at one point flourishing without comparison. The teaching chain started to suggest shorting around 116,000 since Friday, then to buy long around 112,000, with Ethereum also buying long around 113,500, perfectly swapping tops and bottoms. Moreover, the teaching chain once reminded everyone, do not fear when it drops, and do not be greedy when it rises.

Currently, Bitcoin is around 115,500, Ethereum is around 3,730. Bitcoin fell to eat 4,000 dollars, then rebounded to eat 3,500 dollars, Ethereum fell to eat 350 dollars of space, rebounded at 3,350 to eat another 350 dollars of space. Looking back, it is still a light boat passing through ten thousand mountains, with the spring breeze and fast hooves, one day seeing all the flowers of Chang'an.

Intra-day, the teaching chain believes that the resistance around 116,000-116,500 will not be broken in one go, and we can make rebounds around here. The main theme this week is large range fluctuations, with the fluctuation range at 112,000-116,500. Ethereum has already reached the top resistance around 3,750, but Ethereum has a smaller market cap, so a slight pull can cause a large change. Therefore, we cannot simply adopt a fluctuating strategy here, otherwise, it is easy to get swept away. The teaching chain believes in a low long strategy, unchanged, referencing Bitcoin's amplitude. Everyone pay attention to the teaching chain's blog, the current price gives everyone a guide.

Thoughts:

Range strategy,

Buy Bitcoin at 115,000, add long around 114,500, look at 116,000-116,500, if the momentum is strong, it can be relaxed.

High short strategy

Short around 116,000, add short around 116,500, look at 114,000-114,500, if the momentum is strong, it can be relaxed.

For Ethereum, after a relatively strong pullback, just buy low.

Buy around 2,650, add position at 2,600, look at 2,810. Specific operations are subject to the current price order, Ethereum has a large fluctuation.