Ethereum and Bitcoin Price Alerts!!!
If you look at 34 days price chart then you clearly seen that bitcoin stuck inbetween 2300-2850, these are most buying and selling zone for crypto market, i think that is just because of bitcoin, bitcoin also stuck in between 105k - 110k so no big up and down we have seen till now as we have seen last time btc drop 107k to 74k in just few days, ethereum drops 4200 to 1300 in just few days, when they drops below they don't know about support and resistance, just drop more and more, just imagine if here bitcoin drops below 80k then i think eth drops below 1000 dollars and this is massive in crypto market.
We think there is just 1 reason behind this dip and this is Iran Israel global tensions, this is little cause, if you look at previous dump, just musk and trump fight send btc direct 110k to 100k.
Now peoples and retail traders are set for reversal and take long positions as compared to previous days, now i think today just 1 bad news send btc at 90k and ethereum at 1900-2000, it's psychological figure not just mine, they are playing with our minds since 34 days, many traders make lot of profits, many liquidations around 95k-97k and they are going to liquidate them and cover their losses.
Now if ethereum drops below 2300 then open short entry and t.p 1900-2000, but if today it holds above 2500 then we will see another strong reversal and this time ethereum easily break 2900-3000.
Reday for go now market sentiment is 50 50, all depends on today nasadaq and s&p500 behaviour and stock market behaviour.
Thankyou and Thanks for your precious time