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Last night, the approved Hong Kong ETF started trading, driving BTC's price up to $64,000. However, with lower than expected volume, it failed to break through the $64,000 resistance and fell back to $62,000. As the Hong Kong ETF concluded its trading hours a few hours ago, the price is currently around $61,600 due to the disappointment in volume. If it doesn't reclaim $62,000 during the day, we might see a decline to around $60,000. Expectations for Q2 include a potential decline, but staying patient and sticking to trading strategies can lead to profitable accumulation. As for ETH, there's anticipation of increased activity and a sharp upward movement in the fall. Currently holding an ETH long position to profit from the drop, but aiming to close it soon and open a short position again. Looking forward to hearing your thoughts and expectations!

Last night, the approved Hong Kong ETF started trading, driving BTC's price up to $64,000. However, with lower than expected volume, it failed to break through the $64,000 resistance and fell back to $62,000. As the Hong Kong ETF concluded its trading hours a few hours ago, the price is currently around $61,600 due to the disappointment in volume. If it doesn't reclaim $62,000 during the day, we might see a decline to around $60,000. Expectations for Q2 include a potential decline, but staying patient and sticking to trading strategies can lead to profitable accumulation. As for ETH, there's anticipation of increased activity and a sharp upward movement in the fall. Currently holding an ETH long position to profit from the drop, but aiming to close it soon and open a short position again. Looking forward to hearing your thoughts and expectations!

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📈 🎴 AVOID BUYING AT ROUND NUMBERS 🎯 This post is quite technical but essential for understanding the market better. Read it carefully and revisit it if needed. 📚🔍 📈 Many of you likely use "Limit" orders to buy or sell your cryptos. For those unfamiliar, "Limit" orders let you buy or sell automatically at a specified price. For instance, if you want to sell 1 BTC at $68,500, you set a Limit sell order at $68,500, and it will sell your BTC once that price is reached. 💰⚙️ However, you should never place Limit orders at round numbers like $70,000, $75,000, or even $75,500. These levels are key psychological points where many others also place their orders, leading to a crowded field. This makes it harder for your order to be filled due to the large number of competing orders. 💡🔢📊 ✏ For example, if there are 1,000 BTC for sale at $70,000, all these orders need to be filled before yours. But 1,000 BTC is a significant amount, and it's unlikely that there will be enough buyers at this level. If you place your order at $69,999 instead, it won't change much for you, but it will be less crowded, increasing the chance of your order being filled. 🌊 🖌 If you have questions, feel free to ask in the comments. 💬❓ 🖍 These are my personal views. 🗣️ Thank you for reading. If you found it helpful, please like, comment, share, and subscribe. It helps me a lot. 💲 You can also tip me to support my efforts in educating you about the crypto market. Thank you to those who do. BTC: 69,749.7 (-0.31%) ETH: 3,817.91 (+2.15%) SOL: 176.82 (-1.9%) Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. #BTC☀️ #BinanceLaunchpool #ETH🔥🔥🔥🔥 #SOL #pizzaday
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