No matter the rise or fall! Attitude is sometimes more important than method, winning is in the mindset, losing is in the temper, the excitement of trading lies in the experience, but more so in the results! The morning takes off again, the publicly suggested long position in Bitcoin has once again achieved a gain of over 1000/70 points, this is the result of grasping the opportunity and rhythm of following through in this pattern! Currently, the market is again facing short-term pressure around 98000, with Ethereum facing pressure around 3780; chasing long positions here seems irrational, as this is not a one-sided rhythm. The trend is still in an upward adjustment phase, just that this adjustment obviously slightly weakens the momentum for a subsequent breakthrough to rise again. #BTC☀ #ETH🔥🔥🔥🔥
Currently, the structure shows that it's mostly fragmented bearish before starting to adjust upward and then again turning into consecutive bearish movements; this is the most obvious signal of a trend correction, increasing the possibility of a further decline. In the short term, there is a slow breaking down of lows, and currently, the triple high point is under pressure and has reverted downwards. The focus is first on the space for retraction after facing pressure, but the back-and-forth range is quite large, not a strong one-sided bearish market, regardless of long or short, one must increase the entry space points. To put it bluntly, whether it’s a downward retraction or a rebound, just ensure adequate space!
Bitcoin is oscillating around 97800-98200, with an expected target near 96800, while Ethereum is oscillating around 3750-3780, with an expected target near 3680.