Good evening, friends in the cryptocurrency world! I am your goddess of fortune ~ Man Shuang! Monday has begun with the familiar rhythm of market fluctuations, and even if Sun Wukong has 72 transformations, he cannot escape from the Five Finger Mountain of Tathagata! No matter how strong the bulls are, they cannot withstand the forced washing by the market makers! In this round, those chasing after the market have been thoroughly beaten.
Currently, the coin price is still continuing to decline, showing a weak short-term trend, so don’t be afraid in short-term operations; be bold to short on rebounds and continue to watch for retracements. Since there is serious selling pressure at the 100,000 mark, and it has not broken through for a long time, a pullback for adjustment is inevitable. The reasoning is simple: if the vehicle is too heavy, it must undergo a wash!
For Bitcoin, pay attention to resistance at the 97,000 line and support at the 93,500 line. As for Ethereum, resistance is in the 3,480-3,500 area and support is at the 3,300 line.
On Tuesday morning, Bitcoin is expected to rebound around 97,000 and continue to short, while a mid-term entry can be made, looking at 93,500. For Ethereum, short above 3,450 on the rebound, with a mid-term entry looking at 3,250.
There is no investment that doesn’t make money, only unsuccessful trades! Making money relies on opportunities, investing relies on wisdom, and financial management relies on professionalism! We do not seek to double our funds in one day, nor do we seek to get rich overnight; we only seek steady profits and to secure gains. We offer steady trades and sincere cooperation!