Self-Analysis Review:
Bitcoin has now formed a strong bullish structure, currently breaking through the previous top structure and consolidating around 108,000, with no significant pullback (potential risk) observed yet. Recently, one can speculate around the position of 107, but with a small position size. If Bitcoin gives an opportunity to reach around 102 or 98, that would be the real point to speculate. Short positions can be established around the current top, but only act on clear signals, as it is counter-trend trading, and risk is paramount! Ethereum will only look to establish short positions around 2750; currently, there are no strong thoughts on going long with Ethereum, as there are too many resistance zones above. Positioning for short around 2750 will be more comfortable, and the risk-reward ratio is also favorable.
Bitcoin has now formed a strong bullish structure, currently breaking through the previous top structure and consolidating around 108,000, with no significant pullback (potential risk) observed yet. Recently, one can speculate around the position of 107, but with a small position size. If Bitcoin gives an opportunity to reach around 102 or 98, that would be the real point to speculate. Short positions can be established around the current top, but only act on clear signals, as it is counter-trend trading, and risk is paramount! Ethereum will only look to establish short positions around 2750; currently, there are no strong thoughts on going long with Ethereum, as there are too many resistance zones above. Positioning for short around 2750 will be more comfortable, and the risk-reward ratio is also favorable.