All the long-order ideas shared yesterday have completed profit-taking and exit! The price consolidated at a high level in the morning, and the pressure quickly went down and bottomed out again!
Yesterday, our long orders of 60800-63300 for Bitcoin finally made a profit of 2500 points! The long orders of 2950 for Ethereum made a maximum profit of 130 points! Are there any friends waiting and watching?
From the current trend, after Bitcoin and Ethereum consolidated at a high level in the morning, the price was under pressure from above, and then fell rapidly to test the bottom support again. Therefore, a pin bottoming test in this round also failed to completely break the previous low, and the support strength is still relatively good.
The hourly line and the four-hour level have initially completed the recovery, and the bottom support is at 60800-60000 and 2950-2920 respectively. Then, if you pay attention to these two supports in the white market, you can still participate in the short-term long position. Before the support fails, you can still operate the short-term long position!
Today is Friday, and BTC will be halved tomorrow. Most of the market expects that the price will continue to fall when the halving is announced. In the short term, it may be affected by market sentiment, and the trend will be more extreme. However, those who are in the medium and long term and spot market do not need to worry too much. Under this year's environment, it is no problem to open long positions after a retracement. Just control your position and take it step by step.
For intraday short-term long positions, we can refer to the two supports of 61300-60800 to try. The upper short-term suppression is 61800-62200. For Ethereum, long positions near 2950 can also be participated in simultaneously. The upper short-term suppression is 3030-3080, and the defense is 300-30 points respectively!