Both Bitcoin and Ethereum dropped by a certain amount and then recovered by about the same. Yesterday, the market saw $1 billion in liquidations, so those who held onto their positions are happy today.
Bitcoin has a resistance range between 94,000 and 96,000. If this rebound forms an upward 5-wave pattern, those without positions can wait for a pullback to go long. Actually, the long-short dividing line still works well for short-term trading. Yesterday, the 15-minute long-short dividing line was 2,850, and I honestly regret not choosing to go long when it broke through.
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Both Bitcoin and Ethereum dropped by a certain amount and then recovered by about the same. Yesterday, the market saw $1 billion in liquidations, so those who held onto their positions are happy today.
Bitcoin has a resistance range between 94,000 and 96,000. If this rebound forms an upward 5-wave pattern, those without positions can wait for a pullback to go long.
Actually, the long-short dividing line still works well for short-term trading. Yesterday, the 15-minute long-short dividing line was 2,850, and I honestly regret not choosing to go long when it broke through.