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$BTC $ETH Don’t short ETH now—absolutely don’t. Don’t short BTC now—absolutely don’t.
Many people are seeing BTC rise to 67300 and ETH rise to 1850, but I’m telling you clearly: it definitely goes beyond that. Let’s review the historical price action of BTC and ETH this year:
1️⃣ BTC fell from 97924 on January 14 this year to 60,000 on February 6, then rebounded to the high in May at 85820. Using Fibonacci, it perfectly rebounded to the 0.618 golden ratio level.
So this time, falling from 85820 in May to 57,800—without even assuming it rebounds to 61.8%, at least it should rebound 50%. In this rebound cycle, the price will first break above 67370 (32.8%), then move up to at least break above 70325 (50%). It’s also possible it will test 73280 (61.8%).
2️⃣ ETH fell from 3402 on January 14 this year to 24 on February 6, then rebounded to the high in May at 2464. If this rebound reaches 50%, it will land in the 1980 to 2000 range.
Keep a close watch on the first-level on-chain Trump 🐶🐶 coin Çöñ åñ (SOL chain) xBQt. The next ones are shib, pepe, and doge.
So right now, don’t even think about chasing shorts from the left side—unless a shorting opportunity appears on the right side; otherwise, it could turn out really badly #Vitalik公布精简以太坊路线图 #Strategy上周减持3588枚BTC