Today's Strategy Overview
Recently, the price of Bitcoin has been continuously reaching new historical highs. The MACD indicator shows that bullish momentum is increasing. Spot traders or those with medium to long-term positions do not need to rush to sell, but there is resistance above in the short-term runs.
In fact, in this kind of market, both long and short positions have significant opportunities; the main challenge is to grasp the entry points and the space to take. The technical analysis of new high markets has a higher latency and is not very meaningful. However, I personally prefer to go with the trend, focusing on entering at lower points.
Operation Suggestions
For Bitcoin at the 118500 level, look for a short entry, with an initial target of 121000 to continue breaking new highs.
For Ethereum at the 2950 level, look for a short entry, with a target around 3100 near #BTC再创新高 #ETH突破3000 .