Good early morning everyone. Today I need to make an early report. I just finished a busy night until now. I missed a lot of market movements. Let's have a brief chat.
Reviewing today, I had to stop-loss my long position in Ethereum during the day. I entered the market again in the evening. Just around 11:30, there was still a profit of about 2-3%. It's a pity I didn't take profit. I drove for over an hour and didn't pay attention to the market. Briefly talking about the NASDAQ, it opened lower and dropped about two points. It rebounded quickly just now. Today's market has basically been following the NASDAQ. I believe the NASDAQ will continue to decline in the early morning, so I will remain bearish.
The Bitcoin price has reached an all-time high of 72918864630. The resistance levels are 98000, 98500, 99000, and the 100000 mark. The support levels below are 95500, 94000, 93500, and 92800. My operational suggestions for the early morning are written at the end.
Ethereum had a rebound in the evening, and the strength of the rebound was strong. I had to stop-loss once. The resistance levels above are around 3360, near 3400, around 3450, and 3500. The support levels below are 3315, 3280, 3245, 3225, and around 3200.
My suggestion for the early morning is to focus on short positions. Let's not short Bitcoin for now; let's just watch the show. We can short Ethereum. My cost was 3290, and the price given tonight was 3300-3320. The highest profit was 2-3%. If you didn't take profit, then it could be painful. The entry positions tonight for shorting are 3325-3340. Set the stop-loss near 3400, a bit higher. Take profit first at 3250-3200, and if it breaks, then look at 3150-3100. Today was a rare busy day; please forgive me. I will reply to everyone in the morning. Get some rest early. Good night everyone! 38835350615