Yesterday, Bitcoin surged to 110,000, squeezing many shorts. Will it continue to rise strongly today? In my opinion, today is suitable for a pullback to buy, with a position near the 108,500-107,500 range. The lower part will form a stage support, with a safe point to go long around 107,500 and look for 109,500. A stop loss around 1055 below is also acceptable. For now, we just need to wait. #看懂K线

As for ETH, the short-term trend doesn't look good, so it can only be traded in real-time. Currently, ETH has oscillated between 2400-2700 for more than four weeks. It seems that it is going to move upwards, but it is not suitable to enter the market right now. It will either break through the mountain pressure at 2800 or pull back to the support near 2200. In between, we can enter at a low position around 2400. Don't go long or buy spot if it hasn't stabilized at 2700. The upper trapped positions are still very serious. We just need to wait for it to stabilize at 2800, observe Bitcoin's sideways movement, and then buy the first position at a high level. Don't exceed thirty percent of the principal.

If it goes up, the target looks towards 3300 and then around 3700. Don't be bullish just because it has risen or bearish just because it has fallen. The short positions from a few days ago are still suffering serious losses, which is painful.

I didn't expect it to rise this high, directly pulling back to 110,000 in three days. I had mentioned earlier that it could be bought at 101,000-100,500, but I didn't speak out in the group. Missing the opportunity led to being trapped; it's a painful lesson. Back to ETH, it shows a bullish pattern.

Currently, Bitcoin has surged by 10,000 points in three days. Let's see where it will pull back to. I expect it to be between 108,500-107,500 for now. If it pulls back, we can buy ETH and go long, but the position shouldn't be large. If there's a significant drop, then that's not right. Reflecting on the pain for two days to change strategies. #纳斯达克加密ETF扩容