BTC and ETH trading strategies: The major correction of ten thousand points will eventually be resolved!

Recently, Bitcoin's upward momentum has been very strong since the Trump election in the United States, showing a trend of rising ten thousand points that proves the bullish sentiment in the market. Most of the short positions at low levels have been trapped, and given the current situation, we are just one step away from a significant drop. Entering the final step, it would not be surprising to see a return to previous levels, with a drop below ten thousand points. From observing the market in recent days, it has already entered an inflated state. Regarding today's market, news still has a significant impact. After initially testing around eighty thousand, the price has significantly retreated, and it is currently hovering around a central position, possibly breaking ten thousand points at any time, which would be a severe situation. The defense at high levels is critical and could lead to a high point of 81,000. Similarly, after trying to stabilize within this range, there is hope for further correction in the future. In today's trading strategy, we should view the market's upward or downward strength more cautiously.

Ethereum has shown a widespread rebound route, indicating that the market has entered a significant short energy phase. A large amount of selling behavior is an overreaction to the market. However, after such a volatile market, does it have the ability to break through and reach new heights again? From the candlestick patterns, there are substantial support levels, and the turning points are something we need to focus on. Real-time guidance on WeChat: btc1207

Bitcoin: Buy on the rebound at the 76600-75900 line, with a risk control at 75600, target looking at 78800-79200, and then consider shorting directly.

Ethereum: It is recommended to buy at 3120-3100, with a target of 3210-3240 before considering shorting.

Director Dong has been engaged in the cryptocurrency market trading for a long time. For friends who are still somewhat confused in their operations, it is advisable to look at the teacher's strategies and videos more often. Real-time guidance is available all day. If you are not confident in short-term trading or have difficulty grasping medium-term positions, you can follow my Weibo: Director Dong's cryptocurrency live trading insights. Everyone is welcome to like and follow.