The evening live broadcast and analysis have said almost everything. Yesterday, I stayed up until 7 PM, did not participate in the morning, took a break. The direction has been made very clear; it's just about how much profit there is. Today, the overall trend of Bitcoin has weakened. Currently, the four-hour level has broken the four-hour resistance at 114500. Pay attention to the support at 113500. A break below this means that in the short term, there will be a continued retracement to 112000. This rebound has ended. To completely reverse the current situation, we must stand above 116500. The current long position can also try to move the stop loss to around 113500 at 114200.
Now two scenarios are forming: one is a quick rise to 116500, forming a breakout signal, then reaching 120000 is our ultimate expected high point, but we need to pay attention to the structure around 117000. The other is to continue the retracement support before attempting to rise again. The key point is which will break first: the lower 113500 or the upper 116500. Personally, I tend to lean towards the bulls; the overall trend will ultimately rise. However, one must also be cautious when going long here. There are basically no significant changes, so I will just say this much.
Ethereum began to retrace after reaching around 3730 yesterday. It has now fallen below 3650 again, indicating that this decline will continue. The range of fluctuations will persist, so pay attention to trying to go long from 3620 to 3580. #香港稳定币新规 $BTC #币安HODLer空投PROVE $ETH
Now two scenarios are forming: one is a quick rise to 116500, forming a breakout signal, then reaching 120000 is our ultimate expected high point, but we need to pay attention to the structure around 117000. The other is to continue the retracement support before attempting to rise again. The key point is which will break first: the lower 113500 or the upper 116500. Personally, I tend to lean towards the bulls; the overall trend will ultimately rise. However, one must also be cautious when going long here. There are basically no significant changes, so I will just say this much.
Ethereum began to retrace after reaching around 3730 yesterday. It has now fallen below 3650 again, indicating that this decline will continue. The range of fluctuations will persist, so pay attention to trying to go long from 3620 to 3580. #香港稳定币新规 $BTC #币安HODLer空投PROVE $ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
112,627.98
-2.19%
ETH
4,128.81
-3.78%