The macro picture shifted a bit today. Let me break it down.
Bitcoin is currently trading at $64530 and ETH is at $1898, both showing some signs of stability.
If BTC breaks above $65025, I'd consider going long with a stop-loss at $63880, targeting $66000.
This scenario is more likely if the market reacts positively to the news about STRC's recovery, supported by their $4 billion cash reserve.
If ETH drops below $1855, I'd consider shorting with a stop-loss at $1928, targeting $1780.
However, I think the first scenario is more likely, given the overall bullish sentiment in the market, especially with SOL trading at $73.50 and AVAX at $6.6690.
I'm leaning bullish, so I'd advise keeping an eye on BTC and ETH prices, as well as the overall market sentiment 🚀.
Overall, it's a good time to be cautious, but also to look for opportunities to buy the dip, especially if we see a pullback to $63000 for BTC.
#cryptomarket #bitcoin #ethereum #binance 💰
Bitcoin is currently trading at $64530 and ETH is at $1898, both showing some signs of stability.
If BTC breaks above $65025, I'd consider going long with a stop-loss at $63880, targeting $66000.
This scenario is more likely if the market reacts positively to the news about STRC's recovery, supported by their $4 billion cash reserve.
If ETH drops below $1855, I'd consider shorting with a stop-loss at $1928, targeting $1780.
However, I think the first scenario is more likely, given the overall bullish sentiment in the market, especially with SOL trading at $73.50 and AVAX at $6.6690.
I'm leaning bullish, so I'd advise keeping an eye on BTC and ETH prices, as well as the overall market sentiment 🚀.
Overall, it's a good time to be cautious, but also to look for opportunities to buy the dip, especially if we see a pullback to $63000 for BTC.
#cryptomarket #bitcoin #ethereum #binance 💰