Crypto钟良
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Bullish
5.9BTC/ETH Market Thoughts:
This market truly rewards the bold and punishes the timid, exposing those who short excessively! Although the indicators are severely overbought and the greed index is at an all-time high, this is absolutely not a reason to short! Even though the low long positions given to everyone yesterday did not get filled and there was no pullback, I kept reminding everyone not to short. Did we successfully avoid a disaster? The same goes for today—don't short, don't fear heights, and avoid guessing the peak!
From a weekly K-line perspective, as mentioned yesterday, Bitcoin has upper resistance at 105000 and 106000. The upper band of the weekly Bollinger Bands is still opening upwards, so the intraday strategy remains bullish on pullbacks! Focus on the support levels at 102500, 101500, and 100500; participate in low long positions around these levels, targeting 103500, 105000, and 106000.
Ethereum's surge is even more intense, with an increase of 20%. Can you believe that? Do you still dare to criticize Ethereum as a poor performer? The mid-band resistance on the weekly K-line is at 2350 and 2500; if we see another rally today, it’s not impossible. Continue to look for low long positions. Support levels to watch are at 2170, 2130, and 2100; enter low long positions around here, targeting 2220, 2270, and 2350.
The market volatility is significant, but with greater waves comes greater risk. In this situation, it is essential to reduce leverage and position sizes, participate according to the trend, and definitely avoid getting too excited! #BTC重返10万 $BTC
This market truly rewards the bold and punishes the timid, exposing those who short excessively! Although the indicators are severely overbought and the greed index is at an all-time high, this is absolutely not a reason to short! Even though the low long positions given to everyone yesterday did not get filled and there was no pullback, I kept reminding everyone not to short. Did we successfully avoid a disaster? The same goes for today—don't short, don't fear heights, and avoid guessing the peak!
From a weekly K-line perspective, as mentioned yesterday, Bitcoin has upper resistance at 105000 and 106000. The upper band of the weekly Bollinger Bands is still opening upwards, so the intraday strategy remains bullish on pullbacks! Focus on the support levels at 102500, 101500, and 100500; participate in low long positions around these levels, targeting 103500, 105000, and 106000.
Ethereum's surge is even more intense, with an increase of 20%. Can you believe that? Do you still dare to criticize Ethereum as a poor performer? The mid-band resistance on the weekly K-line is at 2350 and 2500; if we see another rally today, it’s not impossible. Continue to look for low long positions. Support levels to watch are at 2170, 2130, and 2100; enter low long positions around here, targeting 2220, 2270, and 2350.
The market volatility is significant, but with greater waves comes greater risk. In this situation, it is essential to reduce leverage and position sizes, participate according to the trend, and definitely avoid getting too excited! #BTC重返10万 $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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