📊Ether falls to the expected level, increase the position or wait?


💗Bitcoin is linked to the US stock market's plunge, continuing its retracement overnight. It has broken below the downtrend line on the 2-hour timeframe, and the trend remains weak and bearish. Pay attention to whether there will be a small-level rebound in the next two days that can re-establish the resistance level at 104500. If it cannot break through, the market will continue to test lower, with support expected at 98000-100000.
💗Ether has pulled back as expected, triggering buying flow in the 2350-2400 range during the morning session for a rebound. In the next two days, pay attention to the trend line resistance at 2500. If it breaks above, it will signal a small-scale shift to bullish and end the consolidation. If it cannot return to the right side of the trend line, it will continue to pull back, at which point watch for support at 2300-2400. If broken, look at 2200/2000.
💗Operation Strategy
Currently, although Ether has fallen back to the target area, Bitcoin is still a bit short. Considering the poor liquidity over the weekend, I have decided not to increase the position for now and will wait to see if we can test the 2300-2400 bottom support again or if it falls below that once, at which point I will remind to increase the position.
turn
ETH3.14%
BTC0.37%
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TheBeckoningCatIsNotvip
· 06-21 05:31
Fluctuation is opportunity 📊
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