Early morning reminder: Bitcoin at 97500 has a withdrawal space of 1500 points, which can be considered as recovering yesterday's losses. Indeed, being headstrong comes at a cost; this rebound has exceeded expectations, and market sentiment is already FOMO (Fear of Missing Out), so we should go with the trend.
From yesterday's performance, Bitcoin has returned to a bullish trend, with a daily increase of 6000 points setting a new record for this week. Ethereum is closely following, rising nearly 500 dollars in just one day, but now is not the time to chase; Ethereum has shown signs of peaking in the short cycle.
Today's Asian session strategy is simple: go long on Bitcoin, short on Ethereum. For Bitcoin, go long directly above 95000; for Ethereum, short directly below 3700. Remember to focus on one variety only, and do not trade both cryptocurrencies together, as their movements and rhythms are different recently. Each of you should grasp your own targets! $BTC $ETH #美PCE年率创半年来最大增幅 #美国续请失业金人数创三年新高