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So far, Bitcoin has gone up and then down. In the group chat these past couple of days, we’ve also talked about what level it’s basically similar at—but to be honest, my own feeling still isn’t very satisfactory. For example, last night I told you to short at 79,400. I saw it around 77,700, but it didn’t get there. Today, when Bitcoin didn’t break 78,000 long, the result was that it went to above 78,200. For Ethereum, it was near 2,310 and it went to 2,313; in my mind that felt a bit better.
For tonight, you need to pay attention to this previous-high level. If you’re a bit more bold, you can take a short at this previous high. Short near the previous low around 79,300. If, within one or two hours tonight, it breaks this previous high, then it will continue to rise. Similarly, tonight, keep paying attention to the white line position.
Every day I repeat this: as long as it doesn’t fall below the white line tonight, we remain with the long side. And the way Ethereum compares is weaker than Bitcoin—so right now, our main focus is first on Bitcoin. Don’t focus on Ethereum $BTC $ETH .