Good afternoon everyone! Market analysis! Thank you for your support!
At this time, the funds are almost two-fifths, and there are many selling orders when the funds rush to 60,000, which means there are two routes. The first one is to rush to 60,500 and then press down, and then wait for the good news of Ethereum, and the second one is to rush directly to
62,000 and then press down, but just hold
59,300-59,500,,, if it rushes to 60,500, it is best to hold
58,500, and if it is not strong, it must hold the bottom of 57,800-58,200 There are basically two routes for divergence positions, which is also related to the amount of selling in the market. If the second route is taken, it will hit 62,000 before coming down, and the subsequent 59,300-59,500 will be more critical, and it will also open up the bull-bear position of 57,500-58,500. If we look at the trend, this callback should be within 62,000-65,000, but I don’t understand whether it is pulled by Ethereum or a rebound of $BITCOIN alone. You also said the operation. If you leave the market after hitting 60,000, it will continue to come down. In the short term, see if 59,300-59,500 can be held. For the long term, just increase or decrease the position. Ethereum should have a chance to reach before 3,250-3,300. It is hard to say whether it can pass 3,300 even if it goes higher. I think we still have to look at the market. If there are a lot of sell orders, I think the bulls will still hold the price within 58,500-59,500 during the day on Monday. But there will be another push to 60,500. Control your position. Don’t push down to 60,500 today, but try to push again on Monday. Let’s see first. Let’s see the trading volume in the afternoon. The funds have not stopped. If you have any questions, just leave a message. $BTC $ETH