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In the afternoon, BTC surged and climbed to a 65,722 high point. After that, the short-term price began to gradually pull back; after falling to the hourly middle band, the selloff noticeably slowed. It is still trading above 65,000, which is a normal pullback confirmation after the spike. ETH is moving in sync: after it touched the 1,982 high point, it also started a pullback. The previous high at 1,958 has turned into short-term support. If the pullback does not break it, there should still be momentum for another rise—possibly even reaching the 2,000 threshold,
Currently, the market is in a stage of periodic repair following the spike. Going forward, it is necessary to monitor the strength of the support during this round of pullback. In terms of trading, the approach remains to buy the dip after it pulls back and confirms, controlling your position size, and placing take-profit and stop-loss orders.
#直通IPO第二期JerseyMikes $BTC $ETH