At 6 o'clock this morning, the bulls of Ethereum and Bitcoin rushed up. Ethereum instantly rose by 100 points, and Bitcoin rose by 1,000 points. Ethereum broke through the previous 1700 strong pressure level and set a new high. From the direction, it is basically clear that it is a bullish trend. Friends who are shorting can no longer think about shorting. Many fans said that they were deeply trapped in short orders near 1600. I personally suggest stepping back to around 1680-1700. As long as you decisively stop loss and exit, reduce losses and preserve strength, and change your thinking in time, you can still remedy it. I will help you recover. If you make a wrong direction, you will make it wrong no matter what you do. As long as you choose the right direction, you don’t have to worry about the long road. Looking at the 1-hour chart, the price quickly rushed up and then fell back rapidly. It stepped back to the support of 1710 and rushed up again. The bullish trend in the general direction is very obvious, and there is still room for upward movement. Follow the trend, and after a small retracement, go long boldly. Real-time guidance: btc0798
Ethereum Bitcoin Operation Suggestions:
Go long in batches when it falls back to 1680-1700, target 1750-1800, stop loss 1660
Go long in batches when it falls back to 27700-27900, target 28400-28900, stop loss 27500
This column provides long-term technical analysis that is objective and rational, with clear ideas, precise points, and quick entry to take you through the cryptocurrency world.
