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Weekend Night Bitcoin and Ethereum Market Observation
Market variables never develop according to convention, and this has been a fact we have witnessed multiple times. In the face of external disturbances and the evolution of geopolitical situations, it is wise to maintain a calm observation and respond to changes with stability. Adapting to market trends and implementing defensive strategies, isn't this the great wisdom in investing?
Bitcoin is currently fluctuating in the range of 102000-103000. It is recommended to remain vigilant and adopt a defensive posture. The market is likely to experience volatility during the night, and if a breakout occurs, it is advisable to cut losses appropriately and operate in accordance with the trend. The resistance levels to watch above are 103900 and 105000, while the support levels below are 101100, 100300, and 99400.
Ethereum is running in the range of 2250-2300, and its trend is likely to follow the changes of Bitcoin, and it also needs to be prepared for defense. The upper resistance levels are at 2350 and 2410, while the lower support levels are near 2210 and 2180.