Good afternoon everyone. Here's a brief overview of the market:
This rally is overall showing strong momentum. In other words, after being pushed up, there's technical pullback followed by consolidation, especially with Ethereum outperforming Bitcoin in this round!
Current market data: Bitcoin BTC around 74000, Ethereum ETH around 2320. Current prices are right at the support level of the consolidation range.
Intraday trading suggestions: BTC: Long around 73500, stop loss if breaks below 73000 ETH: Long around 2305, stop loss if breaks below 2290
Expecting continued intraday volatility today. The market has been consolidating for a while now. Let's see if it can break upward next. If it fails to effectively break through in the next two days, the market will need to pull back. So especially for bulls, keep a close eye on the charts!
Follow Moyan - specialized in futures and spot positioning. The team still has spots available, get on board quickly #美股收盘加密板块多数上涨 $BTC $ETH
Good afternoon everyone. Here's a brief overview of the market:
This rally is overall showing strong momentum. In other words, after being pushed up, there's technical pullback followed by consolidation, especially with Ethereum outperforming Bitcoin in this round!
Current market data: Bitcoin BTC around 74000, Ethereum ETH around 2320. Current prices are right at the support level of the consolidation range.
Intraday trading suggestions:
BTC: Long around 73500, stop loss if breaks below 73000
ETH: Long around 2305, stop loss if breaks below 2290
Expecting continued intraday volatility today. The market has been consolidating for a while now. Let's see if it can break upward next. If it fails to effectively break through in the next two days, the market will need to pull back. So especially for bulls, keep a close eye on the charts!
Follow Moyan - specialized in futures and spot positioning. The team still has spots available, get on board quickly #美股收盘加密板块多数上涨 $BTC $ETH