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The stage may be large, but if you don't step onto it, you'll always be an audience member. No matter how good a project is, if you don't take action, you'll always be an outsider. Only those who dare to think and act will have the chance for success. Today is also the weekend. Last night, the Bitcoin price surged to the resistance level of 105283, and since midnight it has been showing a downward trend. In the morning, the price dipped to a low of 103800 before rebounding. Currently, the BTC price has warmed up and is running around 104770. Last night, Ethereum surged to the resistance level of 2529, and in the morning it retraced to a low of 2455 before stopping. Currently, the price has slightly rebounded to around 2500. The weekend's market is mainly operating in a range-bound fluctuation rhythm.
From the current market perspective, after experiencing a day of rising and peaking, the price has come to a halt in the evening along with a pullback. As we mentioned before, the price cannot keep rising or falling indefinitely. Although the bulls are experiencing a rebound, it is clear that the continuation of the bullish trend is encountering resistance. However, from a four-hour perspective, the main trend is still around the bulls. During the day, we can first take a short position and then participate in a low long position. Pay close attention to the 105,000 level; if it falls below the 104,000 level, we can follow the trend and short.
Operation Suggestions
Short BTC 105200-105000 Target 104000
Short near Ether 2500 Target 2430
#加密市场回调 #BTC #ETH