Today the basic three bottoms have formed, today should be the last opportunity to increase positions, selected a few targets. bnb Short-term target 640 Mid-term target 728 cake Short-term target 2.389 Mid-term target 4.2
btc Short-term target 84500 there may be another pullback afterwards
After staying up all night watching the market, last night I was waiting for BTC to spike upward and then short it. Now it's dropping, but the drop is not as strong as expected, which makes it very difficult to operate contracts, especially for high leverage and low stop-loss trades.
BTC must not drop below 73600 and ETH is 2360; this peak will not be valid. Moreover, BTC has not spiked upward as expected and still has the potential to rise.
This morning, I looked at a bunch of coins, and the market is unstable, as can be seen from the popular altcoins. If I had to recommend one, it would be PEPE; it might take off after a pullback of two or three K today. #pepe
Originally, ETH was about to break through yesterday, but it was brought down at 6 AM. At that time, the downward momentum in the 5-minute chart was very strong, which is undoubtedly the behavior of the market maker. The dog market maker took advantage of everyone sleeping to launch a sneak attack.
Now both ETH and BTC have stopped falling. If they make a 'N' shaped rise, we can look forward to new highs. Everyone get ready to charge; this time let's load the bullets. The plan is to enter ETH at 1830 and exit at 2400.
2 Plaza sentiment: After a wave of decline, with the whole market bearish, mainstream coins break through with volume, while the plaza continues to short and get stopped out, indicating that trading habits are still following previous bearish trends. In this case, the market will continue to rise without major corrections. When the plaza starts to shift its mindset to long positions, the depth of the correction will increase, and this is when one can start to consider positioning for short positions. The topping model usually involves a false breakout followed by a break below the 20-day moving average, and after a rebound, a second high point emerges with an engulfing candlestick.