8.26 BTC / ETH Evening Position Strategy
Good evening, friends. Did everyone enter the position for Ethereum given at noon? Currently, there is nearly a 40-point floating profit. The volatility will be greater in the evening. Let's see together whether it will be a rebound or a reversal. Alright, let's get into the topic and take a look at the current resistance and support levels, as well as the key positions recently.
$BTC : Resistance level 111800 / 113500
Support level 107500 / 105000
$ETH : Resistance level 4480 / 4600
Support level 4370 / 4230
Entry Point Strategy
The market actually hasn't moved yet. A big market seeks stability, which means watching and waiting. Just wait for the entry signal, and wait for the market to stabilize. If you really can't stand it and want to open a position, then you can consider a high short.
BTC: Not doing anything for now. The cost-performance ratio is not very high. Waiting for subsequent long position entry signals will be synchronized with the square.
ETH: Short near 4450. Stop loss at 4500 to stabilize. The target is to look for at least a double test of 4300. If the rebound lacks strength, then look at 4200.