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Bitcoin and Ethereum Analysis
Federal Reserve's Daly: There doesn't seem to be a need for significant rate cuts next month" As soon as this information came out, the market experienced a direct drop, but so far the overall upward trend has not been disrupted.
For Bitcoin, we need to pay attention to the 120,000 level. If it breaks below, we will first look at the range around 118,000-117,400. If it doesn't break, it will continue to rise, targeting 125,000.
For Ethereum, watch the 4,600 level; if it breaks, look at the range of 4,500-4,600. If it doesn't break, it targets above 4,800.
There's no need to worry about low positions; just wait until we reach our final target before reducing positions and exiting.
The above content is clear; do you understand how to operate?
#BTC
#ETH
Federal Reserve's Daly: There doesn't seem to be a need for significant rate cuts next month" As soon as this information came out, the market experienced a direct drop, but so far the overall upward trend has not been disrupted.
For Bitcoin, we need to pay attention to the 120,000 level. If it breaks below, we will first look at the range around 118,000-117,400. If it doesn't break, it will continue to rise, targeting 125,000.
For Ethereum, watch the 4,600 level; if it breaks, look at the range of 4,500-4,600. If it doesn't break, it targets above 4,800.
There's no need to worry about low positions; just wait until we reach our final target before reducing positions and exiting.
The above content is clear; do you understand how to operate?
#BTC
#ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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