Volatility correction, both bulls and bears have the opportunity to profit, it just depends on whether you want to get in!
The market has started to show signs of volatility, so everyone should not take a one-sided approach; participate flexibly, both bulls and bears can engage in short-term trades. Yesterday, Bitcoin provided buy opportunities at 97800 and 96800, with an average price of 97300. Currently at 97800, there is still a floating profit. Ethereum provided buy opportunities at 3380 and 3340, with an average price of 3360, and the current price is at the 3380 level, also showing floating profit. Therefore, being liquidated on long positions or incurring losses is completely non-existent; it’s just a matter of how much profit you take! On Friday, Bitcoin was bought at 97800, and Ethereum at 3290; on Thursday, Bitcoin at 96200 and Ethereum at 3240, all of which have been profitable!
Overnight, Bitcoin dipped to a low of 95800 before stopping the decline, subsequently rebounding to 98400. For those engaging in short-term trades, there are indeed opportunities for both bulls and bears to profit. Last week, it surged to a high of 99600, just a tad away from the much-anticipated 100000. Such a strong pullback is normal, no need to doubt anything; it would be too hasty to say the bull market is over! As long as it does not break below 95000, there won’t be a significant retracement, and the bulls remain steady as ever!
To keep it simple, without lengthy K-line analysis, as there is plenty of that in the market, I’ll directly tell everyone where and how to operate! Today, for Bitcoin, short positions can be set up around 98500 and 99500, while the targets below are set at 97500, 96500, and 95500 for short-term trades. Don’t be greedy; take profits and reduce positions in a timely manner.
If looking to go long, wait at the levels of 96500 and 95500 below, targeting upwards at 98000, 99000, and 100000. Last week saw a significant rise; indicators are severely overbought and need time to correct, hence the market will show volatility. Everyone should engage in short-term trading without being overly ambitious!
For Ethereum, consider high short positions around 3420 and 3470, with targets below at 3300 and 3260.
If you want to go long, wait at 3300 and 3260, targeting upwards at 3400 and 3500. The market is showing volatility, providing opportunities for both bulls and bears to enter. For short-term trades, prepare for high short positions at resistance levels, and set up low long positions at support levels, controlling your position size and strictly managing stop losses, without holding onto losing trades! #比特币突破10万? $BTC