8-28 ETH&BTC
【Market】:Choppy/Range-bound
【Resistance】:2512---2525---2530---2545
【Support】:2458---2477---2488---2500
At present, ETH is trading in a range between 2480--2530. Wait for a breakdown before considering an entry.
After yesterday’s market made a phase high and then quickly pulled back, the probability of further upside is relatively low. In terms of trading, focus mainly on small short positions.
Go long at 2470--2480. Short at 2518---2525.
As for Bitcoin, as long as the price has not firmly broken above 80800, it remains a bearish market. Below, the support levels are 79800--79500.
We expect the market to fall first and then rise as the main scenario
【Market】:Choppy/Range-bound
【Resistance】:2512---2525---2530---2545
【Support】:2458---2477---2488---2500
At present, ETH is trading in a range between 2480--2530. Wait for a breakdown before considering an entry.
After yesterday’s market made a phase high and then quickly pulled back, the probability of further upside is relatively low. In terms of trading, focus mainly on small short positions.
Go long at 2470--2480. Short at 2518---2525.
As for Bitcoin, as long as the price has not firmly broken above 80800, it remains a bearish market. Below, the support levels are 79800--79500.
We expect the market to fall first and then rise as the main scenario