11.1 Friday Market Trend Analysis: #BTC00929
For Bitcoin (BTC), a long position can be taken at 69000, and if the price drops to 68800, additional long positions can be added, with a stop loss set at 68400 and a target price range of 71000 - 71800. Ethereum (ETH) can follow this operation.
From the four-hour chart, after the price dropped to the 68900 level last night, a short-term rebound occurred. It should be noted that the high point of this rebound has not yet appeared, so do not rush to short. In intraday trading, the resistance levels above are at 71000 and 71600, while the support levels below are at 68800 and 68500. The trading strategy is primarily to buy low. #你问我答