#btc It looks like another pullback is about to start
1. BTC pulls back to around 75,000, then rebounds to around 78,000. There’s quite a bit of sell pressure here, so the chance of it breaking through directly is small. So if you open a position at 75,000 to target this level, you can lock in profits safely.
2. Among the mainstream coins, #UNI is relatively strong. It bounced cleanly from the bottom at 2.8 up to 9.5. When most people finally notice, the market has already reached the top. So it’s better to watch more and trade less.
3. Today is Friday, so the market action should be relatively stable. The level #ETH 2400 is crucial—since the just-announced rate hike, its impact on the market is still ongoing.
#Bank of Japan hikes rates to a 31-year high
1. BTC pulls back to around 75,000, then rebounds to around 78,000. There’s quite a bit of sell pressure here, so the chance of it breaking through directly is small. So if you open a position at 75,000 to target this level, you can lock in profits safely.
2. Among the mainstream coins, #UNI is relatively strong. It bounced cleanly from the bottom at 2.8 up to 9.5. When most people finally notice, the market has already reached the top. So it’s better to watch more and trade less.
3. Today is Friday, so the market action should be relatively stable. The level #ETH 2400 is crucial—since the just-announced rate hike, its impact on the market is still ongoing.
#Bank of Japan hikes rates to a 31-year high
