Good afternoon, everyone. A new week is underway, so let’s briefly talk about the current market.
Over the weekend, I continued discussing how $BTC was holding up around 75,000 with a friend. As I said before, as long as BTC doesn’t decisively break below 75,000—or quickly recovers after a brief dip below it—this correction will likely find a turning point around this level. For now, the price is still fluctuating near this key area, and the setup hasn’t completely broken down.
With that in mind, the advice remains the same: confidently build positions in assets that have already reached their previous lows and have clearly defined levels.
My friend and I agree that $ETH is still one of the relatively better trades to take right now. The stop-loss level is fairly clear, and the price has been consolidating around 2,200 for quite some time. If you haven’t entered yet, you could consider trying a small position. The risk is relatively manageable and the potential upside is decent, so it’s worth taking a closer look.
A small reminder: A new week is beginning, so start by keeping a level head. There’s no need to trade frequently when the market is volatile. Just hold on to your existing positions and wait until you have a plan before making a move.
Wishing everyone a smooth and successful start to the week!
Over the weekend, I continued discussing how $BTC was holding up around 75,000 with a friend. As I said before, as long as BTC doesn’t decisively break below 75,000—or quickly recovers after a brief dip below it—this correction will likely find a turning point around this level. For now, the price is still fluctuating near this key area, and the setup hasn’t completely broken down.
With that in mind, the advice remains the same: confidently build positions in assets that have already reached their previous lows and have clearly defined levels.
My friend and I agree that $ETH is still one of the relatively better trades to take right now. The stop-loss level is fairly clear, and the price has been consolidating around 2,200 for quite some time. If you haven’t entered yet, you could consider trying a small position. The risk is relatively manageable and the potential upside is decent, so it’s worth taking a closer look.
A small reminder: A new week is beginning, so start by keeping a level head. There’s no need to trade frequently when the market is volatile. Just hold on to your existing positions and wait until you have a plan before making a move.
Wishing everyone a smooth and successful start to the week!
