$BTC
Bitcoin is about to break through the major resistance, altcoins are waiting for a weekend reversal!!
Stable rise and fall with explosive orders, Bitcoin's trend is very stable, while Ethereum and many altcoins have been fluctuating back to square one, the risk is still present.
Bitcoin continues to rise, but with funds not coming out, the next few days leading up to the weekend are risky; it will go up but will also come down, there are many roller-coaster-like market conditions. It is not recommended to move on a large scale in the spot market for several points or ten points, just wait.
In my view, Bitcoin's recent market conditions will not see a large drop, at least not in the short term. If there is, I will definitely notify. Until then, everything follows the logic of entering long positions on pullbacks.
Bitcoin intraday market analysis:
I have always been bullish on Bitcoin. The intraday market is still about entering long positions on pullbacks. Currently, the target for a pullback is the support level near 96000, with the first support at around 95000. The upper pressure is initially seen around 98000. For the day, the focus is on long positions, and one can enter on pullbacks.
As for Ethereum:
The position is as bad as I imagined, and the probability of a rebound breakthrough in the short term is low. Currently, the pressure is about to reach the level; wait for a pullback to go long on Ethereum, firmly believing in a weekend increase. If it does not break below 3000, then that vicinity is the buying point.
In this kind of market, just reduce leverage if you're bearish. In this kind of market, do not short arbitrarily; shorting will get you hurt. The trend for shorting has not reached the point, so there is no need to rush.
Remember to click on the icon to follow; the bull market changes rapidly, and opportunities can disappear in an instant. So it’s best to have someone guide you.
I am Pancake, welcome to discuss together
