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Friday, the washout rhythm is coming, first long then short!
The thought process for this week can be said to have been precisely grasped, from top to bottom, basically eating it all. In fact, the current phase's rhythm is very clear, which is a wide fluctuation in the range of 98500-92000. Depending on the strength and closing conditions, one can clearly judge the changes in the pattern.
For today, the main theme is still to go long first. Overnight stability above 96000, the pullback has not broken through, so the buying interest is still strong. Theoretically, in such a following market, one can go long once directly in the early stage, looking bullish at 98500-99500, then consider going short after it goes up.
Once it goes up, basically, all the shorts will have been washed out, and then we will look to turn bearish. This is my thought process for today. Of course, I do not rule out the possibility of a big one-sided move coming on this Friday, so evening operations need to be approached with caution by combining multiple aspects. The intraday market is still relatively easy to trade; strive to make profits during the day and wrap up in the evening!
Ethereum is also moving in sync, and we have also provided a bullish outlook for everyone, with a basic space of 150 points. We will continue to look for bullish continuation, with resistance at 3650 and support at 3360! Just stay in sync!
Alright, that's all for now. I will provide everyone with free updates every day. If you like it, please follow and like! Wishing everyone all the best!
#币安Alpha公布第10批项目 $BTC $ETH
The thought process for this week can be said to have been precisely grasped, from top to bottom, basically eating it all. In fact, the current phase's rhythm is very clear, which is a wide fluctuation in the range of 98500-92000. Depending on the strength and closing conditions, one can clearly judge the changes in the pattern.
For today, the main theme is still to go long first. Overnight stability above 96000, the pullback has not broken through, so the buying interest is still strong. Theoretically, in such a following market, one can go long once directly in the early stage, looking bullish at 98500-99500, then consider going short after it goes up.
Once it goes up, basically, all the shorts will have been washed out, and then we will look to turn bearish. This is my thought process for today. Of course, I do not rule out the possibility of a big one-sided move coming on this Friday, so evening operations need to be approached with caution by combining multiple aspects. The intraday market is still relatively easy to trade; strive to make profits during the day and wrap up in the evening!
Ethereum is also moving in sync, and we have also provided a bullish outlook for everyone, with a basic space of 150 points. We will continue to look for bullish continuation, with resistance at 3650 and support at 3360! Just stay in sync!
Alright, that's all for now. I will provide everyone with free updates every day. If you like it, please follow and like! Wishing everyone all the best!
#币安Alpha公布第10批项目 $BTC $ETH
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