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📊 Next week will be a market turning point. Brothers, keep up with the trading strategy.
💗Bitcoin's focus on the 104,000 support indicates that the rebound is not over yet. Pay attention to the resistance at 106,600-107,400 above. A breakthrough will continue to test the reversal point at 109,000-110,000. If the short-term rebound cannot break through the resistance level, the market will continue to decline.
💗Ethereum rebounded from 2436, focusing on the support at 2490-2500, maintaining that the upward rebound has not ended. In the short term, pay attention to the resistance level of 2600-2650; if it can stand above this level, it will continue to rise, otherwise, the bullish momentum will weaken, and the market will continue to decline. The support below looks at 2400-2350.
💗trading strategy
Regardless of the current decline of Bitcoin and Ethereum, it has not ended. After completing the rebound in the smaller timeframes, it will continue to move downwards. In the short term, the focus should be on reducing positions to avoid risks; only sell, do not buy. Wait for next week's pullback to the first support before looking for opportunities to enter positions. Currently live, the market is not very volatile; those interested can keep an eye on the updates.