The pancake breaks new highs again, Ethereum breaks through 3000 and stabilizes. Will the bullish trend continue in the future?
Bitcoin peaked around 123300 this afternoon at about 3:30 PM and faced pressure and retreated, with the price dropping to around 121100, then moving in a fluctuating upward trend. In the four-hour chart, the KDJ three lines form a golden cross and are expanding, while the MACD bullish energy still needs to be released. Ethereum peaked at 3083 today and then underwent a correction for the bears to release. The current market is also leaning towards bullish. After this round of repeated highs in the broader market, there will definitely be a plunge adjustment. My personal suggestion is to focus on shorting at highs. Consult market BTC0297
Bitcoin trading suggestion: set up short positions near 122500-123300, target: 120000-119000, risk control: 124000
Ethereum trading suggestion: set up short positions near 3080-3130, target: 3000-2950, risk control: 3180