BTC ETH and some altcoin highlights
BTC (Bitcoin)
Currently, Bitcoin is at a support level near 1066, and it may be worth considering opening long positions, with a stop loss set below 106. From a medium-term trend perspective, it remains a bullish trend.
This morning, it touched a low of 1059, triggering many stop losses, but 1064-1066 is a key support zone that can be defended.
The short-term target above looks at 1094, which is suitable for holding coins in anticipation of a rise.
ETH (Ethereum)
Yesterday, it rose to 2680, and this morning at 6:30, it suddenly plummeted to 2555, then rebounded to 2610.
Current trends suggest paying attention to Bitcoin's stabilization position to determine whether to enter long positions in Ethereum.
ETH has been consolidating for five weeks, ranging between 2350-2800, with a good monthly structure. The target above looks at 3300-3700, suitable for low-level long positions.
ORDI (Audi)
A few days ago, long positions were opened near 7.5, with a short-term target of 10.5. If the market is strong, it may hit 12.5 or even 21.
Currently, it can still be seen as bullish, but attention to risk is necessary, and a stop loss should be set.
YGG (Gaming Sector)
YGG is currently in a downward channel, but can be gradually entered near the spot price of 0.16.
Short-term target can be set at 0.215 for profit-taking, with an increase of about 30%, and a stop loss at 0.15.
If the market explodes, the target above looks at 0.33, and in a strong market, it may reach 0.68, but be cautious of quick pullbacks and take profits when available.
