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Good afternoon everyone!
Let's do a quick analysis of the trend. The decline in the early hours was a bit confusing, with Bitcoin dropping to around 912 and then starting to rebound to 938. Currently, it's oscillating around 928. This means that after the US stock market opened and rose to 944, it then fell 3,200 points. So, it’s still under pressure from above, with support at 905 below. Until it breaks through 905, it's better to stay long on dips. Watch whether it can stabilize above 945; mainly go long on dips. If it doesn't hold above 945, consider shorting!
Regarding Bitcoin's strategy today, consider going short after an intraday rise to 940-945. For longs, look for opportunities around 908-915 below. Don't consider other entry points for now. Be patient and wait for opportunities. Currently, there aren't many good setups in the middle range. Wait until a clear opportunity appears, and I will give signals when the time comes!
For Ethereum, it dropped to around 3180 in the early hours and then rebounded to 3300. Currently, it's oscillating around 3250. The key levels to watch are the morning low at 3237 and around 3200. For trading, consider going long near 3200, with a stop at 3180, and target around 3280-3300. For shorts, consider shorting around 3280-3300 and watching for a move down to 3200. That’s today’s strategy!
Be patient and wait for a pullback to go long. As long as Bitcoin doesn't break below 905, the upward trend remains intact. Ethereum should follow the same logic! $BTC $ETH #ETH走势分析