1.7 Morning Share [Waiting for Verification Stage]

Monday was intense, Bitcoin sucked blood, and the bullish candlestick directly surged to 102500, with an intraday increase of 5%, making the bulls excited.

1. BTC current price 102000. Yesterday it broke through the recent downtrend neckline, closing with a bullish candlestick. 102500-105000 is a range we have been emphasizing to pay attention to. Whether it can validate the expected trend under such a sharp rise needs to be observed in the adjustment situation of the channel flag in the next couple of days. Currently, all indicators are showing a bullish trend, and it's advised not to chase the rise; the chart needs time to repair, and the probability of intraday fluctuations is relatively high. The neckline below serves as support, and we will watch the subsequent fluctuation situation.

Intraday Strategy

Long at 100150-99500, Stop Loss 98500, Take Profit 102000, 1035000

Short at 103500-104000, Stop Loss 105000, Take Profit 102000, 101000

2. ETH current price 3690. Yesterday it surged along with the market for a while, the intensity was not high, but it reached our shorting point, allowing everyone to short at the first opportunity. Looking back at night, it also reached the first take profit point. Currently, from the chart, 3730 is a crucial point for Ethereum. If the bullish trend continues, there is a probability of a rebound, but until it stabilizes, we will maintain yesterday's view and wait for the intraday movement.

Intraday Strategy

Short at 3730-3750, Stop Loss 3780, Take Profit 3650, 3600

Long at 3630-3615, Stop Loss 3590, Take Profit 3670, 3700, 3730#btc #eth