Since falling from the high of 69,000, the overall trend has shown a wave structure of WXY, and it is currently rebounding in the X wave. Among them, X wave has two trends, one is the flag-shaped trend of wxyxz, and the other is the rising trend of wxy.
The current Z wave or a new rising cycle may have begun. Therefore, I remind everyone not to go short anymore, but to place long orders on dips and wait for the Z wave to break through the resistance level above. If the rise encounters resistance around 28300~28500, you can place a long order and leave a short order. After the three-wave correction, you can stop the short loss and add a long order. If there is a direct breakthrough, do not place long orders and can only stop loss short orders.
Ethereum has long signals at the two-hour level and one-hour level, and there are also long signals at the 12-hour level. These signals all have a high winning rate, and Ethereum is also expected to follow Bitcoin's rise. It is recommended that you intervene in multiple orders in batches.
$BTC Continue to hold long orders until the high point is reached around 28400 to take profit. Hold spot or low leverage spot.
If there is a short order, stop loss at around 27,000.
