Last night’s sharp wicks were a real test of nerves. $ETH plunged straight to 2355 before bouncing back, and $BTC followed it lower, but clearly held up better than Ethereum.
I figured that after the wick, we’d at least get another retest, but the market didn’t give us the chance—it bounced back faster than anything.
The key levels are clear now: watch whether Bitcoin can hold the 80000 level, and keep an eye on 2350 for Ethereum. If both hold, there’s still a chance of a rebound; if they break, don’t stubbornly hold on.
When your position is small, it’s easiest to make the mistake of trying to win back your losses immediately. One shaky move and you end up trading in the wrong direction. For now, I’m just watching these two levels and sitting tight.
#BTC #ETH #Market Analysis
I figured that after the wick, we’d at least get another retest, but the market didn’t give us the chance—it bounced back faster than anything.
The key levels are clear now: watch whether Bitcoin can hold the 80000 level, and keep an eye on 2350 for Ethereum. If both hold, there’s still a chance of a rebound; if they break, don’t stubbornly hold on.
When your position is small, it’s easiest to make the mistake of trying to win back your losses immediately. One shaky move and you end up trading in the wrong direction. For now, I’m just watching these two levels and sitting tight.
#BTC #ETH #Market Analysis