I haven't analyzed the market of $BTC and $ETH in the past few days. Today I will analyze it for you!
Today's big cake can be said to be very exciting. Because of the hype of the ETF's approval, the market was directly stimulated and there was a surge to 72,000. Then the ETF was approved, but it could not be traded. No funds flowed into the market, which directly caused the market to plummet to around 6w6, which was very exciting!
If there is no news stimulus in the future, the market trend will be the same as before, with large fluctuations up and down, and fluctuations of one or two thousand dollars at any time! So you still need to pay attention to risks when making a layout!
Don't panic too much. The decline gives us an opportunity to make a layout. The idea of low absorption and stabilization is the main idea, and risk control is the first!
From the technical perspective of the big cake daily line, as long as it does not fall below 65,000, it is still acceptable for bulls. If it falls below, it means that this wave of rebound is over and it is getting farther and farther away from the new high, and there will be further selling and washing!
Support below 66000 65000
Resistance above 68000 69000
In terms of operation, the main focus is on long positions when the price falls back. If the price falls back to around 66200-66000, you can buy more and place the stop loss around 65800. Wait for Dabai's notification to take profit or exit the position on your own!
