Yesterday big biscuit $BTC after liquidating the one around 66800, the price action has become a bit weak
Especially $ETH, the daily chart of Ethereum
After taking profit from the long positions yesterday, I originally planned to place pending orders
But I canceled the pending orders in the morning
At the moment, on the weekly chart it still looks bullish
However, it’s only Wednesday right now
The chance of a full week of upside is relatively small
It may need to retest the breakout structure below again
The structures of big biscuit and Ethereum are both built around the daily MA23 and MA62
The underwear/underpant level is the daily MA23
As long as this level doesn’t break, the uptrend remains intact
$BTC
Especially $ETH, the daily chart of Ethereum
After taking profit from the long positions yesterday, I originally planned to place pending orders
But I canceled the pending orders in the morning
At the moment, on the weekly chart it still looks bullish
However, it’s only Wednesday right now
The chance of a full week of upside is relatively small
It may need to retest the breakout structure below again
The structures of big biscuit and Ethereum are both built around the daily MA23 and MA62
The underwear/underpant level is the daily MA23
As long as this level doesn’t break, the uptrend remains intact
$BTC