The #阿布扎比稳定币 Crypto Reserve Bill has passed, and the battle between bulls and bears is about to erupt! 4.29 Big Coin Aunt's Evening Strategy

The BTC Strategic Reserve Bill in Arizona has been passed, making it the first state to recognize the status of crypto assets. Although the purchasing power of a single state is not enough to influence price trends, its symbolic significance outweighs the actual significance. Where there is one, there will be a second!

The liquidation map shows that if the price breaks through 97,500, nearly 1.5 billion USD in short positions will be liquidated, and if it falls below 90,000, more than 2 billion USD in long positions will be liquidated! The competition between bulls and bears is fierce!

We have already made a small profit from shorting during the day and exited. The Crypto Reserve Bill has made me doubt that the coin price will rise again. Although there is a strong demand for a pullback from a technical perspective, the market is being firmly supported, and it is not dropping. The Big Coin has been consolidating around 95 during the day, while Ethereum is consolidating above 1,800! For the evening's operations, Conan still recommends mainly laying low with short positions at high levels, with pullbacks as a secondary strategy! The resistance levels to watch are 95,500, 96,000, 97,000, 98,000, and 99,500, while the support levels to watch are 92,700, 91,600, 90,500, 89,000, and 87,000.

4.29 Big Coin Evening and Early Morning Operation Strategy: For aggressive traders, short positions should be entered at 95,300-95,800, with a stop loss above 96,000. If it strongly breaks 96,000, then enter short at 96,500-97,000, with a stop loss near 98,000, targeting around 94,500-94,000-96,000-92,700. If it breaks below, look for around 92,000-91,600, and further decisions will depend on the situation!