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Xingge Talks Crypto｜Bingbing ETH Weekend Plan
Yesterday, Bingbing generally followed the pace of BTC, and the volatility was fairly limited.
Yesterday’s low came down to around 1863, then rebounded to around 1880. The current price is consolidating around 1875.
Bingbing Trade Plan
Longs:
Around 1865-1870
Defense:
Below 1855
Targets:
1880
1890
Shorts:
Around 1880-1890
Defense:
Above 1900
Targets:
1870
1865
Key points:
Around 1863 yesterday, buy-side support appeared. After the price pulled back, it didn’t continue to go lower—short-term support is still fairly clear.
There is resistance above in the 1880-1890 area.
Bingbing is still mainly about range trading for now.
Support to watch is around 1865; resistance is around 1880-1890.
If price breaks through the resistance zone, then look for further upside.
If it spikes and meets resistance, prioritize range trading again. #布伦特原油重返100美元 $ETH