Market Slightly Up, Strong Bull-Bear Game, How Should We Operate?
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01 Review of Yesterday
BTC: Lowest point yesterday 97227, highest point 98852, fluctuation 1625, amplitude 1.6%
ETH: Lowest point yesterday 3592, highest point 3674, fluctuation 82, amplitude 2.2%
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02 Today's Analysis
BTC
Currently at 99200, since breaking through the descending converging triangle on the 1st, the upward movement has been relatively strong. Adjusted sideways for two days over the weekend, and started to rise today, which is a relatively healthy upward state. The first resistance above is 103000, strong resistance at 107000; sell in batches upon reaching resistance. Support for BTC is at 97000; as long as it does not break support, we can continue to be bullish!
BTC Short-term Resistance: 103000
BTC Short-term Support: 97000
ETH
Currently at 3667, short-term upward movement is strong; small resistance for this upward phase is 3700, strong resistance at 3800, and important short-term support below is 3600!
ETH Short-term Resistance: 3700 3800
ETH Short-term Support: 3600
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03 Article Summary
The upward trend in recent days has verified my analysis from a few days ago. It is expected that this week will reach a peak, and when a turning point occurs and a top signal appears, make sure to sell over 50% to guard against a sharp market decline.
