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The long position on Bitcoin is still being held, and I’m still firmly bullish and staying bullish.
From what it looks like right now, the pullback over the past two days has already been repaired—the sharp surge on Monday and Tuesday is back on track—and around the 64,000 level it has started to stabilize. After that, we’ll look to the resistance levels above. The first resistance level above Bitcoin is around 67,500. Then, after a slight pullback, there will be a second wave of upward movement to test how strong the resistance at 70,000 is. I expect a rapid surge early on Monday morning. Based on the current trend, I’m not afraid at all to go long. This range-bound consolidation is simply meant to shake out the long side and flush out the bulls. Although Ethereum hasn’t shown very obvious gains recently, if Bitcoin goes up, Ethereum will catch up as well. Those holding Ethereum can rest assured and continue holding. In the end, we’ll just wait for things to bloom—together, we’ll feast on the profits. $ETH $BTC #我的Gate交易时刻 #美伊谈判推迟 #预测世界杯西班牙VS沙特 #TradFiCFD黄金大师赛 #持有USD1即享收益