The current Bitcoin price hovers around 83400, while the Ethereum price has reached 1560, just touching the entry point for going long mentioned in the article published this morning. Investors looking to go long can buy with a light position. The repeated emphasis on a light position is because the market's ups and downs are unpredictable; a light position gives us room to average down during market fluctuations, and it makes it easier to reduce positions during subsequent rebounds, avoiding deep entrapment.
From the four-hour cycle perspective, the MACD is in the negative zone, with the fast and slow lines diverging downward, indicating that the bearish forces are strong in the short term. The coin price has broken below EMA7 and is gradually approaching EMA30. If it continues to decline, it may test the support strength of EMA120. If there is a subsequent decline, follow the article's points to average down and set stop losses; never hold onto losing positions! The upward targets for Bitcoin can look towards 85000 and 85500, while Ethereum can focus on 1650 and 1700. Investment is full of risks, and it is essential to maintain independent thinking, insights, and judgment when trading. #加拿大推出SolanaETF $BTC