The second brother who even dogs want to kick, $ETH
After many attempts, ETH is about to usher in the next wave of impact at the key point of 3150. I think the possibility of this breakthrough is very high. The reason why this point is important is that it has served as support and resistance many times in the past week's volatility.
In fact, ETH had an upward movement on the 18th, accompanied by a certain amount of trading volume, but due to heavy selling pressure, it failed to fall back and further washed out.
If ETH can break through 3150 this time, you can consider entering the market in moderation, and set the stop loss at 3120. This is my operating idea, which needs to be adjusted according to personal circumstances.
The panic in the market often foreshadows the reversal of the market. In recent days, everyone can feel the extreme emotions, and the time for reversal may be just around the corner.
As for Bitcoin, I don't think there will be a flash crash. There are no such conditions at present. In the short term, BTC may first pull back to around 98,000, and then fluctuate gently, perhaps adjusting to around 90,000.
During this period of volatility, Ethereum may start to gain momentum, while Bitcoin will fall back.
I plan to clear my Bitcoin positions in the next few days, which is what I mentioned before, and gradually reduce my positions after reaching new highs. Next will be the performance of altcoins. Although market sentiment fluctuates greatly, the overall trend is still within my expectations. Ethereum's performance makes people anxious, but I believe that institutions are also looking for the right time, patiently waiting for a large-scale breakthrough and standing firm at 3150.
Next, I will lead fans to lay out a few magic pills
Don't be a headless fly and bump around everywhere. If you don't want to take the big cake and want to rely on altcoins to fight for several times the return, but don't know which coin to buy, Xun Jiuge Wuchang will get on the bus and follow me to lay out the entire bull market! ! !
