Second day of holding!
Bitcoin and Ethereum's long and short positions are very complicated. Last night before going to sleep, there was another wave of enticing upward movement, but I still insisted on knowledge and action (stubborn), holding against a wave of pullback, and sure enough, it dropped back down this morning.
It looks like it's a fluctuating upward trend, but the resistance above is still very strong, and any negative news can trigger a round of decline.
Maintain positions and continue to wait.
Currently, Bitcoin's upward resistance level is at 107000, and the support level is at 104000.
External news and the international environment are uncertain, and there are no significant positive expectations. In internal trading, the number of bears is still greater than that of bulls.
So still continue to be bearish.
Last night, Bitcoin surged quickly, and Ethereum followed for a bit before dropping back down 😂
It feels like the resistance for ETH is much greater than for BTC. The resistance level above is at 2650, and the support level below is at 2400, but the support feels very weak.
Continue to be bearish, maintain positions.
If it breaks through 2700, I will decide whether to add to positions or stop loss based on BTC and the environment.
Striving to make money for peace!
