The cryptocurrency reserve bill has been passed, and the battle between bulls and bears is about to break out! 4.29 Bitcoin Aunt's evening strategy

The BTC strategic reserve bill in Arizona has been passed, making it the first state to recognize the status of cryptocurrency assets. While the purchasing power of one state is not enough to influence price trends, the symbolic meaning outweighs the practical significance. There will be a second one after the first!

The liquidation map shows that if the price of the coin breaks through 97,500, nearly $1.5 billion of short positions will be liquidated, and breaking below 90,000 will liquidate more than $2 billion of long positions! The competition between bulls and bears is intense!

During the day, the short strategy provided has already made a small profit and exited. The cryptocurrency reserve bill has made me doubt whether the price will rise again. Although there is a strong demand for a technical pullback, the market is firmly protected and cannot fall. Bitcoin has been consolidating around 95, and Ethereum has been consolidating above 1,800! For the evening operation, Conan still recommends primarily setting up short positions at high levels, with long positions as a supplement! The upper resistance levels to pay attention to are 95,500, 96,000, 97,000, 98,000, and 99,500, while the support levels to pay attention to are 92,700, 91,600, 90,500, 89,000, and 87,000.

4.29 Bitcoin evening and early morning operation strategy: Aggressive traders can enter short positions at 95,300-95,800, with a stop loss above 96,000. If it breaks strongly above 96,000, then enter at 96,500-97,000, with a stop loss near 98,000. The target is to look at around 94,500-94,000-96,000-92,700. If broken, look at around 92,000-91,600, and then assess the situation!

4.29 Ethereum evening and early morning operation strategy: Enter short positions on a rebound at 1,830-1,850, with a stop loss near 1,880. The target is to look at around 1,800-1,770-1,750. If broken, look at around 1,720-1,700, and hold based on the situation!

Long position strategy: Enter long positions at 91,600-92,000, with a stop loss near 91,000. The target is to look at around 92,500-93,000-93,500. If broken, look at around 94,000-94,500; for Ethereum, refer to entering at 1,720-1,740, with a stop loss near 1,680. The target is to look at around 1,770-1,800, and if broken, look at around 1,820-1,840.

Market expectations for the Federal Reserve's interest rate cut have decreased again, and the situation in India and Pakistan has escalated. Although currently funds are intervening and the market cannot fall, the degree of downward correction is not enough. Therefore, everyone should be cautious about chasing the increase. Currently, it belongs to a range-bound market trend, and pulling back to set up long positions can continuously move stop losses to ensure profits! #Strategy增持比特币 #加密市场反弹 #亚利桑那比特币储备