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Currently, Rodriguez is being assigned the role of interim president, and the currency price remains at high levels with caution against buying at the rise! 1.4 The Bitcoin Lover Strategy
Rodriguez is viewed in Venezuela as the second most powerful figure after Maduro by many. He delivered a public speech on Saturday with ambiguous messages. He called for President Maduro's return, but at the same time indicated that Venezuela can still maintain a "relationship based on mutual respect" with the United States if it can stabilize its authority, and if both parties cooperate, a path to reconciliation with America might open. Trump warned that failure of this cooperation could lead to a new wave of US attacks. The Supreme Court of Venezuela ordered Vice President Delsy Rodriguez to assume the position of interim president. After the currency's decline yesterday, it rose again at midnight, surpassing the previous high, with an overall trend towards consolidation at high levels. Despite recent net inflows into spot ETF funds, there is a lack of financial intervention, so be cautious when buying at the rise!
The daily candle for Bitcoin closes again in green, and it continued to rise in the morning, with a slight pullback after the breakout upwards. With the international situation deteriorating over the weekend, there may be a subsequent decline, so we are monitoring a wave of retracement during the day, focusing on the resistance zone between 91500-91600, while keeping an eye on Ethereum's price between 3170-80!
Sell Strategy at 1.4:
Sell Bitcoin at the current price between 91100-91500, with a stop at 92500, and a target between 89000-88000. If broken, set a stop at 87500-87000, and adjust the stop-loss accordingly!
Sell Ethereum at the current price between 3145-3170, with a stop at 3230, and a target between 3050-3000. If broken, set a stop at 2950-2920-2900, and adjust the stop-loss accordingly!
Buy Strategy at 1.4:
Buy Bitcoin on pullback to 88000-88500, with a stop at 87000, and a target between 89000-89500-90000. If broken, set a stop at 90500-91000-91500, and adjust the stop-loss accordingly!
Buy Ethereum on pullback to 3020-3050, with a stop at 2960, and a target between 3100-3140-3170. If broken, adjust the stop-loss accordingly!
Funding support is driving the currency price to recover, with Ethereum leading the first wave, followed by Bitcoin. Many altcoins have seen strong gains recently, but the deteriorating international situation, along with the overvaluation of the US stock market, makes caution when buying at the rise essential!#加密行情预测