Bitcoin rebounds quickly! You can go long on the callback!
Bitcoin still maintains a range-bound pattern, but considering the moving average, it is bullish. Last night, the market dropped to the middle of the range and quickly recovered. Now it is high before the impact. If you don't chase the long, you can take the long when it pulls back near 42400, and the stop loss is no less than 42200.
Ethereum is the same, but weaker. It also rebounded strongly after hitting the previous low area. Because the high point fell, it was bearish. It’s an old rule, try to make a big pie and short ether. You can observe the pattern near 2230 to decide whether it is short. Anyway, one of the big pie in the subsequent trend of ether is always right. The stop loss cannot be higher than the previous high of 2255. If you are not sure, then don’t make ether, just make big pie.
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