[BTC touches 69,000 again, ETH breaks 3,300 again, and it will go up on Monday! How to do it? 】
2024.7.29 Morning BTC/ETH Market Analysis
What to do on Monday morning when it goes up? Of course, it is to reduce positions when it goes up! Or exit the short-term position and look for trading opportunities this week again!
The current trend of Bitcoin is moving towards the 69,500 line in small steps and slowly, with a strong momentum of breakthrough! At this moment, Bitcoin and cottage form two trends. Bitcoin has challenged 69,000 many times, but most cottages are lying down and have not kept up with the rhythm of Bitcoin. It can only be said that they are waiting for the signal of Bitcoin's breakthrough or not;
BTC Focus
Support 67,300-67,500/66,800/65,700
Pressure is tentatively set at 69,500/71,000
This week, Bitcoin is still in a bullish trend. Observe the signal and volume of the retracement. Low-multiple and low-absorption continue to be the main wave, and stop loss must be brought!
When the cottage falls back to the previous low neckline, it is an opportunity to buy stocks in batches, provided that the price of the cake remains above 67,300!
