3.4 Bitcoin Ethereum Market Analysis
Now everyone should understand that the market is unpredictable! We also know the benefits of short-term trading!
Alright, back to the point
Trump's clear message is positive, but the market isn't buying it! Large funds are rebounding and running away, as they worry that people on Earth know that jumping into the crypto space can be profitable! So who are the big institutions making money from? When people around the world start selling, it will bury themselves! Although it can guide the direction to some extent, it cannot change the massive selling pressure!
Back to the market Bitcoin
The current Bitcoin market is indeed stronger than Ethereum, but the trend type can only see small rebounds. It is recommended to short on the four-hour or one-hour rebounds, roughly in the 84500-86000 range. To go long, you need to wait until around 78000.
Ethereum
Ethereum's trend is no different from a waterfall! As soon as Bitcoin adjusts, it rushes down like a waterfall! Therefore, we can refer to shorting on rebounds, with positions around 2167 to 2237, and if going long, it's best to wait until around 1873.
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For details, look at the introduction $BTC