Just like what I said last night, the successful layout of the big cake is space order
With space in front of the high about 1875
It’s a pity that there are short orders at 35400 and 36000 for Bitcoin.
However, it is a pity that the highest level did not break through 36,000 (but I think it is possible to reach the 36,000-37,000 range, but that is the last madness of the bulls), so we can still pay attention to the liquidity above and the liquidation situation.
For altcoins
1. If the structure breaks through and rises in volume with this wave of Bitcoin Ethereum's rise, and reaches near the stop-profit position, then I will give up going long.
2. If the structure breaks through with the trend, but there is no large-scale rise, but instead it follows the Bitcoin Ethereum to fall back, I will consider entering the market and going long.
(Going long on altcoins is also to hedge against the short positions of Ethereum in Bitcoin to a certain extent, in order to prevent Ethereum from continuing to rise and thus miss out on the outbreak of some altcoins)
Finally, I would like to remind you that if Bitcoin falls to around 32000/33300 and does not get enough support, I will stop loss on the long positions of the copycat.
(Sufficient support, in my opinion, means a breakout of the previous parallel low, but if there is a small-scale price action of a pin-push retrieval, then I would think there is support here, and it will rebound again after getting liquidity downward) $BTC $ETH $BNB #sfm #BTC #sol
Thank you for your support~
I wish you all will not be trapped when opening orders, and take profits when you wake up~
