Ethereum 2500's long position takes off!
Long positions around Ethereum 2500, took profit around 2550 once, the remaining structure has soared again today, can take full profit now!
Bitcoin is currently facing pressure around 106800, if it can't hold this position, a new round of decline will begin. If it breaks above, we can consider long positions to expect new highs. Bitcoin's convergence trend chart shows that the volatility range is narrowing, with the upper boundary of the triangle around 109000; a strong breakout will lead to new highs. Bitcoin's weekly closing is not good, with bullish and bearish forces being equal, so we won't trade in the unclear trend; trading around the triangle's boundaries is the correct approach!
Ethereum's rise today is also very strong, with resistance levels at 2650, 2720, and 2880 as major pressures. For Ethereum trading suggestions, if it pulls back and holds above 2580, we can consider entering long positions. $BTC