The short position for BTC (around 65,800) and ETH (around 1,925) mentioned yesterday—ETH hit the target precisely, while BTC missed by 1 point.
Fellow traders who have opened positions: don’t be greedy. The current market is the eve of a major breakout, and opening new positions is mainly to stay sensitive to market movements.
Tomorrow night at 8:30 PM, the Non-Farm Payrolls (NFP) could mark the beginning of a breakout.
Also keep an eye on these dates in August: the 12th, 19th, 26th, and 28th.
60,000 is not the bottom of this bear market, but 50,000, 40,000, and even the beginning of 30,000 are also not something that happens all at once. Separate the big-picture direction from the specific short-term行情, and when entering positions, make sure the timing fits well.
July likely drops first and then rises; in August, the odds are higher that it rises first and then falls. For August, BTC may first test the 50s.
Additionally, the $49,000 “second rally point” from the 2024 halving event and the main-player entry point at that time will be a key level going forward.
Fellow traders who have opened positions: don’t be greedy. The current market is the eve of a major breakout, and opening new positions is mainly to stay sensitive to market movements.
Tomorrow night at 8:30 PM, the Non-Farm Payrolls (NFP) could mark the beginning of a breakout.
Also keep an eye on these dates in August: the 12th, 19th, 26th, and 28th.
60,000 is not the bottom of this bear market, but 50,000, 40,000, and even the beginning of 30,000 are also not something that happens all at once. Separate the big-picture direction from the specific short-term行情, and when entering positions, make sure the timing fits well.
July likely drops first and then rises; in August, the odds are higher that it rises first and then falls. For August, BTC may first test the 50s.
Additionally, the $49,000 “second rally point” from the 2024 halving event and the main-player entry point at that time will be a key level going forward.