Gu Yue: The market is once again experiencing a pullback, the time for bulls to enter has come again
Hello everyone, I am Gu Yue. The fluctuation has finally ended. After the fluctuation ended yesterday, the market first dropped and then rebounded. Currently, the overall trend is that the daily line has touched the upper pressure position of the Bollinger Bands. The market is gradually starting to pull back. Currently, the Bollinger Bands on the daily level are gradually narrowing, and the support below is gradually rising. We are currently focusing on the first support near $97,000 and the second support at $91,800. This is a position we need to pay attention to during the downtrend. For Ethereum, we need to focus on $3,660 and $3,230. From the current trend, the overall market has not yet formed a bullish or bearish conversion, but we need to be prepared and take precautions.
Bitcoin suggestion: Long near $98,800 with a target of $100,000
Ethereum suggestion: Long near $3,910 with a target of $4,030
This article represents personal views only, for reference only, and does not serve as a basis for actual operations. The market is volatile, and profits and losses are self-responsible. For the latest trading strategies, follow the public account: Gu Yue KOL#BTC☀