See original
Good morning everyone, today's morning report + review is here.
To briefly summarize, I made a profit. I didn't enter Bitcoin as I was seeking stability; it should have been around the 94000 mark in comparison to Ethereum, but I got a bit greedy for a better position. The review is a bit of hindsight; Ethereum's pattern still looks quite good, and the possibility of a breakout is high.
For Bitcoin, the pressure levels are 96300, 97000, 97666, 98300, 99000, and 100000. The support levels are 95555, 95000, 94000, 92800, 91800, 91000, and 90000. As long as we don't move out of this few thousand point fluctuation range, these levels remain unchanged. It's a bit tedious.
Currently, Ethereum seems to have much more room compared to Bitcoin, given how far it is from its new high. The upper pressure levels are around 3730, 3750, 3780, and 3800. If it stabilizes, we can look at 3900-4000.
For SOL, no recommendations are made. If you decide to trade, refer to the corresponding levels of Bitcoin.
Today's strategy summary: focus on buying low. Buy Bitcoin around 94000; if you can't get in, consider it a break. This position is not easy to trade. Stop loss is below 92800 or 91800. Take profit at the first target of 9.5-9.6. For Ethereum, keep an eye on the 3580-3600 range to see if there’s an opportunity to enter. For aggressive traders, consider around 3625-35. Stop loss at 3540; take profit at the first target of 3700-3750. If it stabilizes at 3800-4000.
Everyone should basically be trading altcoins now. Try to avoid shorting altcoins, and do not hold losing positions. Only go long. Whether you can hold it depends on the individual. Being stuck in a short position is quite uncomfortable, while doubling your investment during an uptrend is relatively easy.
To briefly summarize, I made a profit. I didn't enter Bitcoin as I was seeking stability; it should have been around the 94000 mark in comparison to Ethereum, but I got a bit greedy for a better position. The review is a bit of hindsight; Ethereum's pattern still looks quite good, and the possibility of a breakout is high.
For Bitcoin, the pressure levels are 96300, 97000, 97666, 98300, 99000, and 100000. The support levels are 95555, 95000, 94000, 92800, 91800, 91000, and 90000. As long as we don't move out of this few thousand point fluctuation range, these levels remain unchanged. It's a bit tedious.
Currently, Ethereum seems to have much more room compared to Bitcoin, given how far it is from its new high. The upper pressure levels are around 3730, 3750, 3780, and 3800. If it stabilizes, we can look at 3900-4000.
For SOL, no recommendations are made. If you decide to trade, refer to the corresponding levels of Bitcoin.
Today's strategy summary: focus on buying low. Buy Bitcoin around 94000; if you can't get in, consider it a break. This position is not easy to trade. Stop loss is below 92800 or 91800. Take profit at the first target of 9.5-9.6. For Ethereum, keep an eye on the 3580-3600 range to see if there’s an opportunity to enter. For aggressive traders, consider around 3625-35. Stop loss at 3540; take profit at the first target of 3700-3750. If it stabilizes at 3800-4000.
Everyone should basically be trading altcoins now. Try to avoid shorting altcoins, and do not hold losing positions. Only go long. Whether you can hold it depends on the individual. Being stuck in a short position is quite uncomfortable, while doubling your investment during an uptrend is relatively easy.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
3,841.4
+6.34%
BTC
97,753.82
+1.80%
Replies 30
Quote 4