Yesterday's strategy was also validated. Ethereum's lowest point in 2023 was around 67300. Opening a long position near this price level also resulted in a double return.
On the hourly level, a continuous decline has formed three consecutive bearish candles. Whether the subsequent short-term market will be consolidation or a weak unidirectional downtrend still depends on the resistance situation near the midline. If the rebound encounters resistance near the secondary pressure level around 68800, it will continue to decline. Under the premise of effective resistance, there is still room for short-term pullback and bottom exploration.
Today's strategy: BTC can open a short position around 69000, target 68400, then continue with a long position.
ETH pressure at 2090. Can open a short position near 2085-2090, target around 2040, then reverse to open a long position.
Yesterday's strategy was also validated. Ethereum's lowest point in 2023 was around 67300. Opening a long position near this price level also resulted in a double return.
On the hourly level, a continuous decline has formed three consecutive bearish candles. Whether the subsequent short-term market will be consolidation or a weak unidirectional downtrend still depends on the resistance situation near the midline. If the rebound encounters resistance near the secondary pressure level around 68800, it will continue to decline. Under the premise of effective resistance, there is still room for short-term pullback and bottom exploration.
Today's strategy: BTC can open a short position around 69000, target 68400, then continue with a long position.
ETH pressure at 2090. Can open a short position near 2085-2090, target around 2040, then reverse to open a long position.