Long orders have been prompted over the weekend, and last night we emphasized again that more retracements are fine!
The idea has been given to everyone in advance, and the long positions have also been shared with everyone. Have you followed up?
We have made a profit of 200 points in Ethereum at 3740-3940. The long orders of Bitcoin have retreated to around 68,000. Friends who follow the idea can also seize more than 500 points of profit if Bitcoin retreats below!
From the overall trend, the positive news of Ethereum has gradually begun to materialize. Bitcoin fluctuated over the weekend. After being supported by the four-hour MA30 moving average, the price of Ethereum continued to rise. The price rose again on Monday morning. There is still a certain suppression near the previous high, and stagflation will occur in the short term!
After the price of Bitcoin reached above 69,000, there was a certain degree of stagflation. The price failed to reach above 70,000 after multiple upward movements over the weekend, but kept pulling in the range of 69,000-68,000. From the daily level, a certain support has been initially formed near 68,000. The price has rebounded after multiple downward movements. With the landing of the favorable entities on the Ethereum side, Bitcoin will definitely be affected to a certain extent. The price will surge, and the current sideways fluctuation is a bottoming process!
Today is Memorial Day, and the U.S. stock market is closed for one day. However, judging from the current performance of Ethereum, the possibility of breaking the high within the day is still very high. You can continue to hold long orders. You can also continue to hold long orders for Bitcoin. Friends who have not entered the market can continue to wait for the retracement opportunity to take long orders!