In the past few days, it has been emphasized that Ethereum will "rise, rise, rise". Those who understood it are happy; those who didn't understand it indicate that making money is not related to you.
Without further ado, just wait for a pullback to buy more. Bitcoin won't have much fluctuation in the next couple of days, but Ethereum will definitely catch up. There shouldn't be any major issues around 2550-2600.
Currently, BTC is in a high-level fluctuation. From a technical perspective, there will be a need for a short-term pullback correction.
The support is around 102000, and the resistance is at the previous high of 104500. Additionally, since today is Saturday, the overall volatility will not be too large. During the day, aim for high shorts and low longs!
For the lower range of 102000-102500, go long, and look for 104000-104500.
For the upper range of 104000-104500, go short, and look for around 103000.
Although today's market shows some FOMO sentiment, the overall trend remains volatile. The U.S. stock market fell back at the close with no significant negative news, while the turnover rate of Bitcoin reached a new high for the year. Short-term profit-taking is concentrated, but the exchange inventory has not accumulated, indicating that buying interest remains strong.
In terms of geopolitics and trade, the U.S. and Europe plan to promote a 30-day ceasefire between Russia and Ukraine. Although the U.S.-China tariff negotiations remain deadlocked, the attitude has softened, and we are waiting to see if tomorrow's sentiment can support further increases.
On the support side, Bitcoin has a solid structure in the range of 93,000–98,000, while there is no strong support formed above 100,000. The overall market still needs to observe changes in weekend sentiment and the continuation of momentum in U.S. stocks next week.
When the bottom was at 74000, I was preaching to be bullish and go long. Just yesterday, everything came back. The market always belongs to those who dare to follow the trend and believe in the future.
Really, insightful old followers have discovered this fact and understand my bullish attitude. Only those who understand the situation and follow the trend can master the momentum.
Ether's soaring solar pillar is approaching 500 points Everywhere you see people cursing 'eth this beast'...... When it falls, it's cursed; when it rises, it's also cursed. Nothing is harder than eth, your hardships are beyond anyone's understanding. Can't you clearly see the obvious rebound?
Forget it, let's not give false hope to the bears. As a follower of the bulls, I will only go long, promote long positions, and chase long positions until there is a turnaround. I won't be greedy for short positions. This is the biggest help I can offer to the bears holding their positions!
I remember many friends asking me if the bull market is gone; I have always firmly told them not to be timid, the bull market of the currency is always there. Some people laughed at me for being a brainless bull, not knowing how to write the word 'death'. I thought about arguing, but forget it; in the market, it's just about long and short. What does winning an argument matter? Time will prove everything. Although I may make mistakes in trading, the overall trend has never changed. My love for the currency far exceeds your imagination; it is the result of years of perseverance.
For friends who are deeply trapped in short positions, don’t stubbornly hold on. Either cut your losses or lock in your positions, waiting for opportunities to gradually unwind. After all, the funds are your own, and it's hard to let go, but losses are always better than liquidation.
Understanding the market can help you know when to advance or retreat; more accumulation leads to persistence; in the tug of war between long and short, gains and losses can change in an instant, and it’s all just the ups and downs of ancient events!
78,000 and 80,000 you all dare to short, but when it comes to 995-998 you don't dare to short? I have always been a bull supporter, is it wrong to ask you to short at such a high position? Set your stop-loss at 100,001, why not take a chance?
Currently, the market is in a tug-of-war between bulls and bears, with the 100,000 mark looming close. Friends looking to short can place a sell order around 99,500, but be sure to set a stop loss at 100,000. (Remember: don't think about holding on)