🔥Today's Market Analysis!!!
From the current market view, the market is still in a bullish phase of probing higher. Overall, the upward structure remains intact. Although there has been a phase pullback recently, the retracement has been limited. Price continues to hold above key support, which is a normal adjustment during an uptrend.
In the short term, contraction in volume and consolidation is more about capital rotation and building momentum, and there are no obvious signs of weakening. As the adjustment becomes sufficient, if volume can be released again, the bulls still have room to test further upward.
💥Trading Suggestions:
$BTC Pull back to the 64200-64500 range, and look for long opportunities after stabilization. Targets are around 65500.
$ETH Pull back to the 1875-1880 range, and look for opportunities to go long from the low end. Targets are around 1930.
Overall, the idea is to mainly go long on pullbacks, not chase highs. Be patient and wait for price to pull back and confirm, and participate in line with the trend while controlling position size.
#美国ISM服务业指数升至54.1 #黄金突破下行趋势线
From the current market view, the market is still in a bullish phase of probing higher. Overall, the upward structure remains intact. Although there has been a phase pullback recently, the retracement has been limited. Price continues to hold above key support, which is a normal adjustment during an uptrend.
In the short term, contraction in volume and consolidation is more about capital rotation and building momentum, and there are no obvious signs of weakening. As the adjustment becomes sufficient, if volume can be released again, the bulls still have room to test further upward.
💥Trading Suggestions:
$BTC Pull back to the 64200-64500 range, and look for long opportunities after stabilization. Targets are around 65500.
$ETH Pull back to the 1875-1880 range, and look for opportunities to go long from the low end. Targets are around 1930.
Overall, the idea is to mainly go long on pullbacks, not chase highs. Be patient and wait for price to pull back and confirm, and participate in line with the trend while controlling position size.
#美国ISM服务业指数升至54.1 #黄金突破下行趋势线