5.9BTC/ETH market outlook:



This market is really supporting the bold, starving the timid, and shorting the bald iron! Although the indicator is seriously overbought, and the greed index is directly full, this is by no means a reason to short! Although the list that was much lower to everyone yesterday did not get on the car, and there was no retracement at all, but all the way to remind everyone not to short, is it a success in taking everyone to escape? It's still the case today, don't go short, don't be afraid of heights, don't guess the top!

From the weekly K-line perspective, it was mentioned yesterday that Bitcoin is facing resistance at 105000 and 106000. The upper Bollinger band on the weekly K-line is still expanding upwards, so the intraday strategy remains to be bullish on pullbacks! Support below is focused on the levels of 102500, 101500, and 100500. Enter low long positions around these levels, with targets set at 103500, 105000, and 106000.

The rise of Ethereum is even more intense, with an increase of up to 20%. Can you believe it? Do you still dare to criticize Ethereum as a useless project? The mid-band of the weekly chart is resisting at 2350 and 2500. If there is another surge today, it's not impossible. Continue to go long on dips during the day. For support below, pay attention to 2170, 2130, and 2100. Enter long positions around these levels, with targets looking at 2220, 2270, and 2350.

The market volatility is large, but the greater the storm, the greater the risk. In this case, it is essential to reduce leverage and position size to participate, follow the trend, and do not get carried away! #BTC突破99k
BTC1,61%
ETH1,31%
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