After Bitcoin broke through 61,000, there are only two views on the current market‼ ️
In fact, it is easy for everyone to observe, just observe the retracement range, the first one is to look at ETH
The first trend is to retrace from 2720 to 2500 to 2590, and then continue to break new highs
The second is to do a narrow range of fluctuations from 2630 to 2760. After the narrow range, it generally tends to continue to fall📉 Treat this rise as an oversold rebound. After continuing to fall, it will no longer break through the new high of 2730, and will enter a wide range of fluctuations for about 7 days , as mentioned above, if the previous high is not broken, the wide range of fluctuations will probably be in the range of 2680 to 2300 after the decline. Again, there is no completely accurate analysis, only a trading strategy with a high probability of being correct.
Both trends actually have a point where you won’t lose money,
that is, if 2760 is not broken, go short📉
If 2500 to 2580 is not broken, go long,
there is a high probability that you can get out of the operation without losing money, just strictly implement it with a stop loss👌
