5. Midnight Thought Analysis
Evening data + after the US stock market opened, the lowest point was around 101340. The long position suggested in the evening was also around 101300. Those who followed saw another wave of significant gains.
From the four-hour chart, even if the upward trend pauses and a slight drop occurs, the magnitude is small, and it quickly rises again. The support level is also continuously moving up. This indicates that not many people want to sell, and the main force is still present. For now, we need to observe the strength of the pullback and ensure to set stop-losses around low long positions without resisting.
Midnight Thought Analysis
- Long position around 102500-102000 for Bitcoin, aiming for around 104000, and if it breaks, further targets at 105000.
- Long position around 2520-2480 for Ethereum, aiming for around 2600, and if it breaks, further targets at 2700.
Personal advice for reference only
$BTC $ETH
#美国PPI数据来袭
Evening data + after the US stock market opened, the lowest point was around 101340. The long position suggested in the evening was also around 101300. Those who followed saw another wave of significant gains.
From the four-hour chart, even if the upward trend pauses and a slight drop occurs, the magnitude is small, and it quickly rises again. The support level is also continuously moving up. This indicates that not many people want to sell, and the main force is still present. For now, we need to observe the strength of the pullback and ensure to set stop-losses around low long positions without resisting.
Midnight Thought Analysis
- Long position around 102500-102000 for Bitcoin, aiming for around 104000, and if it breaks, further targets at 105000.
- Long position around 2520-2480 for Ethereum, aiming for around 2600, and if it breaks, further targets at 2700.
Personal advice for reference only
$BTC $ETH
#美国PPI数据来袭
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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