Good morning everyone, today's morning report + market review has arrived.
Let's do a simple review. Last night, I made a profit on my short position in Ethereum, over 70 points. I also got filled at 97666 for Bitcoin last night. SOL is too weak, so I won't trade it in the short term. Today's trading ideas will be at the end.
Bitcoin pressure levels: 97666, 98300, 99000, and the 100K mark. Support levels below: 97000, 96300, 95555, around 95000, and around 94000. Personally, I find it quite difficult to break this range, and it might take until tonight at the earliest.
Ethereum last night was basically able to take a bite out of it. Today's pressure levels remain mostly unchanged from yesterday: around 3730, 3750, and 3800. Support levels below: 3700, 3660, 3638, around 3600, 3550, 3530, and around 3500.
Short-term trading is not recommended; it basically follows the overall market. So, trade according to the overall market trend.
Today's trading summary: The high short remains unchanged. Bitcoin shorting positions are around 97666 or 98300. Stop loss at 99K, and if you accept a larger stop loss, then 100K. Take profit based on the article's support levels; 96K-95K is the first target. Ethereum shorting positions are around 3730 or 3750, both are quite good positions. Stop loss at 3800. Take profit is also based on support levels 3680-3650 as the first target; if it breaks down, continue to hold. For SOL, if it gives an opportunity around 245, you can give it a try. Stop loss at 250, take profit 238-235. If anyone has questions, feel free to leave a message!