#BinanceTournament Today, BTC reached the upper pressure line of the descending wedge, and then the volume shrank. Be alert to the possibility of a callback. Don't chase high and go long in contract trading. It is safer to wait for the pressure line to break before entering the right side. Pulling out the Fibonacci retracement line, BTC just hit 0.382 and stopped. So 27100 here is a big pressure point. ETH's trend is relatively weak, and the wash is more intense. Figure 2 shows that it is also under a big pressure point, and it has closed with a long upper shadow for 3 consecutive days. Before BTC breaks down 52100, it is firmly bullish. The strategy is to go long on dips. If it falls below 25100 again with volume, it is bearish.
