The big pancake has broken through new highs, and I am very glad that I got on the last bus at 1195 yesterday without hitting the stop loss at 1184. It peaked at 124500, far exceeding the resistance level of 122 by more than two thousand. Currently, the trading volume of the big pancake has not shown signs of decline; even during the upward movement, the volume is being released gradually rather than in a sudden spike. This gentle increase in volume has continuity, and prices may be driven again. The SKDJ golden cross has just started to rise. Let's see if it will retrace to around 1220 for entering long positions, with a stop loss below 1212 and resistance above at 1262.
For Ethereum, I did not catch the long position at the low. Yesterday, there was significant selling pressure near the previous new high, and the volume has started to weaken. In the case of high volume release, the price cannot be pushed, so it is worth being cautious and not considering chasing at the current price. I still consider entering after a retracement. A straight upward movement requires continuous and consistent volume to support it, and a retracement after a spike will lead to higher prices. Currently, the volume is stable, and the SKDJ is in the overbought zone; watch for a death cross to form before a retracement and then revert to a golden cross for a rise. The support level for the downward retracement is around 4540.94, where long positions can be entered, with a stop loss below 4465 and resistance above at 4908#BTC再创新高 #主流币轮动上涨 .