Hello everyone, I am Gu Yue. The washout market can be described as one wave after another, with many people suffering greatly, and I am one of them. Whether it's spot or contracts, both are in a state of loss. In this kind of market, analysts are also losing, let alone retail investors. Of course, the market is never short of opportunities, and we always have to find ways to earn back what we've lost. Currently, the market is in a downward trend, but it is at the support position of the lower boundary of the price channel. If it breaks downwards, the momentum is not enough, then the market will surely welcome a significant rebound. Currently, Bitcoin's price is stabilizing around $96,000, and Ethereum is stabilizing around $3,680. Both are supported by the lower boundary of the Bollinger Bands. When support is met and not broken, a rebound will eventually occur, and those in long positions will eventually have an opportunity to break free from their positions.
For Bitcoin, it is recommended to go long around $96,000, with a target of $99,000.
For Ethereum, it is recommended to go long around $3,680, with a target of $3,800.
There are many types of investments, and it is important to choose the one that suits you. There are many paths, and it is crucial to choose the right guide. I, Gu Yue, interpret the world's economic news, analyze global investment trends, and provide daily market analysis to offer you the latest trading strategy ideas and professional investment consulting services, helping you reach the peak of financial management. #BTC☀