This wave of trends is very clear, that is, the momentum of the bulls. The bears can consider retreating, otherwise you will be the only one trapped. This wave is an upward trend. It is only a matter of time before it reaches 63,000 this week. Ethereum has already completed the bottoming out. If you are still thinking about entering after three bottoming outs, rest assured that the dealer will not give you this opportunity.
The momentum of this wave is very obvious, that is, it is going to go up. The current price has been stable around 58,500, and the price of Ethereum has also been stable around 2,500. Now it is just a simple consolidation, and the dog dealer will pull it up in the middle of the night. You think that this wave can be shorted at this position, but you don’t know that you have fallen into the trap of the dog dealer. Now the capital rate is still negative, which means that there are still many people shorting. If you short at 61,000, there is no problem at all, but if you short at the floor of 58,500 and don’t run fast, then it will be dangerous.
The indicator is very clear. This wave is a big rise. Whether you are long or short, it is important to be optimistic about the general trend, so that you can eat big meat. Now it is a bullish trend, so you must dare to go long.
BTC: 58460 more with 600 points of risk control, looking at the first target of 60,000
ETH: 2508 more, with 50 points of risk control, looking at the first current 2630