Yesterday, the main force unilaterally stretched, breaking through the pressure level. Can Bitcoin BTC stand above the 80,000 line? I think there will be a large-scale market washout recently, so be cautious and set stop-loss orders when trading.

After a round of Bitcoin's decline, the market once again formed a volatile trend. The continuity of the decline is relatively weak. In the short term, it seems to be falling back, but the short-term upward trend has not changed. The pullback has not continued, so there is still an expectation of a rebound. The weakening market does not mean the end of the bull market. In the short term, the low long strategy remains unchanged.

Bitcoin trading advice: Enter long positions at 70,500-70,000 for Bitcoin, with a target above 71,300. If there is a pullback, it is recommended to add long positions near 69,500!

As for Ethereum, as we mentioned yesterday, there will be a second high, and the stable enterprise will continue to usher in a larger trend. The direct surge reached 3735. In most cases, the market peak will not complete the sell-off at a single point, but will form a distribution zone. Within this range, there will be one or more temptations to short, and when enough chips are accumulated, there will be a substantial rise, which is the charm of a bull market.

I have always emphasized that the coin price will definitely be broken through again and truly usher in a unilateral trend, which is the crazy buying stage and also the later stage of market acceleration. When the market enters a completely crazy period, it is necessary to be vigilant for a possible reversal.

Ethereum trading advice: Enter long positions near 36320-3600, with a target above 3660. If there is a pullback, it is recommended to add long positions near 3680! (Short-term expected profit of 40-100 points, medium to long-term expected profit of 200-300 points)

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This article is exclusively published by "币圈参谋长" (WeChat public account) and does not represent any official position. The points mentioned above are for reference only, and risks are self-assumed! I specialize in BTC ETH macro forecasting and micro trading. When you see an opportunity, don't just analyze, taking the first step is the most important. After becoming a disseminator of financial information, I hope more people can learn the ability to make money through me, see the opportunities to make money, and achieve good results in reality!

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