#加密市场反弹
The support holds, and the price will break new highs again today! 😋😋😋
From the weekend's trend, the prices of Bitcoin and Ethereum have been steadily rising after the previous consolidation. Since Friday, the price has shown continuous upward fluctuations. Although there have been pullbacks, the overall price has not broken below the support level, and it may break new highs again today.
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The short position strategy we shared in the early hours of Saturday has been invalidated in yesterday's trend for Ethereum, while Bitcoin is still being held. The current price is once again testing the upper resistance of the four-hour chart, and the daily level is also approaching the upper resistance. Here, we can consider exiting our short positions and focus on the resistance situation above to find new opportunities!
As long as the four-hour mid-line support is not broken during the day, we can consider entering long positions. 😎
