đ Market Update
đ„ Gold
Gold is trading around $2,642 after breaking a two-month market structure, signaling a potential trend shift.
It is currently in a selling zone.
Suggested strategy: Take 50% profit now and hold the remaining position toward the liquidation zone.
âż Bitcoin (BTC)
BTC is trading around $64,500 with weak momentum.
A drop below $62,300 could lead to further downside toward the $61,300â$59,800 liquidation zone.
Long Setup: Entry $60,900 | Stop Loss $58,800 | Take Profit $62,100 â $62,895 â $64,300 â $67,000
đ Ethereum (ETH)
ETH is trading around $1,900, and the recent breakout may fail.
Price could decline toward the $1,770â$1,800 liquidation zone before rebounding.
Long Setup: Entry $1,785 | Stop Loss below $1,730 | Take Profit $1,820 â $1,861 â $1,937
đ Overall Outlook
The crypto market is experiencing low volatility.
Gold currently appears to offer more attractive trading opportunities than crypto.
$BTC #GOLD #ETHđ„đ„đ„đ„đ„đ„
đ„ Gold
Gold is trading around $2,642 after breaking a two-month market structure, signaling a potential trend shift.
It is currently in a selling zone.
Suggested strategy: Take 50% profit now and hold the remaining position toward the liquidation zone.
âż Bitcoin (BTC)
BTC is trading around $64,500 with weak momentum.
A drop below $62,300 could lead to further downside toward the $61,300â$59,800 liquidation zone.
Long Setup: Entry $60,900 | Stop Loss $58,800 | Take Profit $62,100 â $62,895 â $64,300 â $67,000
đ Ethereum (ETH)
ETH is trading around $1,900, and the recent breakout may fail.
Price could decline toward the $1,770â$1,800 liquidation zone before rebounding.
Long Setup: Entry $1,785 | Stop Loss below $1,730 | Take Profit $1,820 â $1,861 â $1,937
đ Overall Outlook
The crypto market is experiencing low volatility.
Gold currently appears to offer more attractive trading opportunities than crypto.
$BTC #GOLD #ETHđ„đ„đ„đ„đ„đ„