Cryptocurrency Trends: The anticipated waterfall on the 19th did not arrive. Where will today's trend lead?
Cryptocurrency partners, pay attention! Today, with steady operations, we have reaped considerable rewards! In this rapidly changing market, some have failed while others have gained; the core lies in rational judgment and seizing the opportunity.
I have accumulated years of experience in the industry, forming a mature market analysis approach, and I will continue to pay attention to market dynamics. Whether you prefer short-term trading or long-term planning, I can share practical thinking directions. If you want to respond more calmly in the market, feel free to communicate and discuss; I look forward to exchanging industry insights with you!
Market Analysis:
BTC:
Yesterday, everyone was expecting a significant drop, but it did not arrive as anticipated. However, in our article yesterday, we provided a long position, with the price reaching just above 106800, before starting to pull back again. We are looking at the pressure and support zones given by the system today, with support at 102800 - 103800 below and resistance at 106200 - 107600 above. Based on the technical indicators below, we will first look for short positions during the day and see if the long positions can hold.
Trading Strategy: For aggressive friends, enter short around 105800, add to your position near 106500, targeting around 104000 and near 103000.
ETH:
Ethereum's trend is still the same as yesterday, following Bitcoin, but it has seen more drops than rises, so the operational thought is to go short first. Based on the pressure and support provided by the system, resistance is at 1665 - 1710 above, and support is near the range of 2430 - 2475 below.
Trading Strategy: Enter short around 2560 - 2580, with a stop loss at 2620, targeting around 2500 - 2470. For long positions, we have provided all in the community.
More short-term trades are needed; real-time trades can be sent to me privately.
There may be delays in sending articles; strategy suggestions are for reference only, and specific operations should be based on real-time market data. For more information, you can consult the author.
Plan your funds reasonably for investment; do not trade emotionally, do not let profits cloud your judgment, and avoid blind orders. The market is unpredictable, with many factors affecting trends; do not be overly fixated on target points in the short term.