Good afternoon everyone, have a great weekend! Let's briefly discuss the general trend at the daily level.
Overall, the weekend is biased towards fluctuations, and we'll have to wait until next week to see a clear direction. For the past week, I've been saying that the expected price for Bitcoin is around 116666. Last night, it was just shy of 100 points from hitting that mark. It doesn't matter if it doesn't reach it anymore. So overall, the market is bullish. The support for Bitcoin around 116 is still quite strong. Yesterday, Ethereum and SOL both had a larger drop. Otherwise, Ethereum wouldn't have reached this position. If we consider the bearish trend, Bitcoin could still reach around 120,000, and Ethereum should be around 4600. The rebound looks to hit new highs.
Now let's talk about our entry positions. $ETH for Ethereum at 4400. Last night, I opened a position at $DOGE , buy freely below 223. Now it's casually up by 5.6 points. For Dogecoin, looking above 250 shouldn't be an issue. $BTC , buy Bitcoin if it reaches 116666, otherwise do not buy. If SOL is not performing strongly, then don't buy back.
Overall, the weekend is biased towards fluctuations, and we'll have to wait until next week to see a clear direction. For the past week, I've been saying that the expected price for Bitcoin is around 116666. Last night, it was just shy of 100 points from hitting that mark. It doesn't matter if it doesn't reach it anymore. So overall, the market is bullish. The support for Bitcoin around 116 is still quite strong. Yesterday, Ethereum and SOL both had a larger drop. Otherwise, Ethereum wouldn't have reached this position. If we consider the bearish trend, Bitcoin could still reach around 120,000, and Ethereum should be around 4600. The rebound looks to hit new highs.
Now let's talk about our entry positions. $ETH for Ethereum at 4400. Last night, I opened a position at $DOGE , buy freely below 223. Now it's casually up by 5.6 points. For Dogecoin, looking above 250 shouldn't be an issue. $BTC , buy Bitcoin if it reaches 116666, otherwise do not buy. If SOL is not performing strongly, then don't buy back.
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DOGE
0.23298
+0.73%