$BTC$ETH

Afternoon Analysis:

100,000 is just a step away! Is there still a chance to get in?

As mentioned on the 1st, the 99 has arrived after 6 days, I wonder how many people have joined the team. The actual bullish entry price was 91,500, as there were 5 down movements in 1 hour, and the last 5th movement was a washout, initiating the rise. Currently, we are in the 4th movement!

Yesterday, it was mentioned that the 4-hour chart entered the range of 99-965, and it seems there are no plans to enter, not even breaking 97! Continuing to drift at a high level, making a leap at 100,000, this is also the fourth attempt to reach 99 after coming down from 108. Will this time arrive as expected?

Based on the intraday trend, there shouldn't be too much of a pullback for now, but breaking 100,000 also has resistance, after all, it has surged 3 times, and the current volume is still not enough. As long as the US stock market doesn't drop tonight, and BTC's ETF shows buying again, 100,000 will basically be reached!

Currently, it still seems a bit difficult to directly break through 100,000. Previously, I mentioned a rise of 3,000 dollars, hitting 99 in 3 movements. Currently, the 4 movements should be at 102; at least 100,000 hasn't broken yet, and the weekly chart still shows a dead cross, so there will still be a pullback this week!

In terms of operation: Based on the above situation, I announced in the previous post to temporarily exit the long position and take this 8,000 dollars! The next operation will be to re-enter after a pullback or chase after breaking 100,000! Today's long position was closed and reversed to short, and the stop loss was at 995! When the 5th movement rises, I will short again!

Ethereum: Spot has been saying for 32 days that it can be entered, the range discussed on the 3rd or 4th, back on the 1st during the 3,300 consolidation, it was mentioned to look for 3,600, and on the 4th optimized the upward target to 3,690 and downward to 3,520! So taking profit on the long position and placing a short on the first hand is also reasonable, with a defense at 3,720! The requirement is not high, aiming for 3,570, and capturing a range of 120 dollars is satisfying!