🚨6/17 Morning BTC/ETH Market Quick Report🚨
🔶Recently, the market has been quite volatile. Just when you think you have everything figured out, the market surprises you. 🤔 However, you can continue with your trading strategy without any worries. Most trades have started to reverse after reaching target levels. Last midnight, we advised everyone to go long at the current price of 2628, and the first target of 2680 has been achieved, with a gain of 50 points. Going forward, any declines should be used to secure profits. For Bitcoin, going long at the current price of 107600 has also reached the first target near 109000, with a small gain of 14000 points. It’s up to you how you manage this. Now, with the market coming down during the day, do you still dare to go long?
🔶$ETH reached a high of 2680 for our long position before starting to retreat. It dropped to the support level of 2524. Now, you can pay attention to the current price around 2560, 2550, and 2490 to consider another long position. The targets are 2630, 2675, and 2750. Once the targets are reached, you can reduce your position and secure profits while continuing to trade.
🔶$BTC also reached a high of around 108900, which is near our long position take-profit target, with a difference of 100 points, which is quite in line with expectations. The price has now started showing signs of a rebound. We can't provide real-time alerts at the plaza, but our team has synchronized to go long at the current price. For Bitcoin, positions around 106600 and 106000 have been taken long, with targets at 107200, 109000, 110700, and 111900. Once the targets are reached, you can reduce your position and continue trading.
🔶The above levels have a deviation of ±100 points (Bitcoin) and ±5 points (Ethereum). The conclusions are drawn solely from market charts and technical indicators, and there may be influences from news events.