Good evening, brothers. I've finished what I had to do. Today, I made a few trades in the morning and went to sleep at night. Those who have been following me for a while might know that I've been telling everyone to go long for almost two weeks. When I told you to be cautious, there was definitely a reason. When I got up and looked at the market, I felt something was off. I immediately posted to tell everyone to start shorting, but less than 10 minutes after I posted, the market started to drop, which I didn't expect. To briefly summarize the market situation, I won't be doing a live stream after this. I'm going to take a break; I've been at it for 4 days. Let's see what happens tomorrow morning.
Currently, Bitcoin's recent decline has reached the daily support level of 117300. Let's see the closing situation at 8 AM tomorrow. As long as it doesn't break below here, going long shouldn't be an issue; after all, it is a daily support level.
Here, you can try to set a long position with a small stop loss. Pay attention to 119800 and 120800 above; there's nothing else to note. If we can hold above these two levels, we can discuss further. If it breaks below 116500, then don't hold on to the long position anymore.
Regarding Ethereum, whether it's going up or down, it’s volatile. Don't overlook the risks; while making money, the risks are also proportional. This decline can be said to have given short positions a breather. Currently, the four-hour level is in a declining state with increased volume. In the evening live stream, if the price can stay above 4630, then you can consider entering a long position to take a shot. Looking at it now, there doesn't seem to be any problem, right?
Currently, the upper pressure at 4700 has formed. If this wave can recover 4700 by the 4-8 hour closing, then the upward trend can continue. But as it stands, it's quite precarious. To put it simply, if it breaks, pay attention to 4820-4880 above, okay?
Currently, the short-term support below continues to be at 4500-4450. If you try a long position, make sure to set a good stop loss. If it breaks, then basically we need to go to the support level we mentioned in the live stream at 4360-80, which is also the daily support level. Alright, there's not much more to say. I'm going to take a break. I've set an alert for when I’m watching. $BTC #BNB创新高 $ETH #美国7月PPI年率高于预期