$BTC $ETH 99000 will be the most important position for the bulls!!

Today, following Brother Bao to go long, did everyone make money? This rebound was expected; the first drop tested 90000, the second time 92600, so what about the third and fourth times? Brother Bao can't see it, the key point is that Bitcoin must stabilize at 99000 before I can clearly tell everyone that the bulls are back. It's difficult; at least for this rebound, Brother Bao sees Bitcoin around 98600 and ETH around 3630, and will continue to reverse and open positions in segments. Those who have followed Brother Bao onto the train recently have been comfortable.

Looking at the weekly chart, Bitcoin experienced a deep correction during its rapid rise, but it’s not too dismal; at least it's still in a consolidation phase. This kind of market has a high probability of consolidating and moving sideways, and the emergence of sideways movement will also be an opportunity for altcoins. The most suitable trading method right now is to do short-term segment trading, and before the market is fully stabilized, absolutely do not engage in heavy trading with altcoins!!!

Ethereum's performance this round is still very impressive, the rebound is quite satisfactory, but the drop was also very smooth. Today's long position will last at most 3 days, but in between, Brother Bao will also take a short position to help everyone expand their profits as much as possible. I will only choose to open positions when altcoins are steadily rising like today. After all, the current market is not very good; not opening positions is already a profit. Since the market isn’t significant, I won’t say much.

Let’s see if we can pull it up tomorrow, Monday.

[Wink]

Happy weekend everyone!!!