[太阳]BTC, ETH Latest Positioning Strategy

[Heart]BTC's current monthly and weekly chart structures are strong, with longs dominating the position. The medium to long-term pump trend has been established. In the short term, the daily candlestick level is approaching the resistance zone of the box structure and the descending wedge structure, where there is strong selling pressure. This is the fifth challenge since March, and I believe the probability of a breakthrough is not high. Moreover, there are signs of shrinking volume for short-term long positions at the small level. If the longs in the U.S. session do not supply sustainable volume, there will be a demand for retracement. After this consolidation retracement, the next upward movement will smoothly break through the resistance zone and open the road to the second stage of the bull market pump.
[Love] As grey-scale short-term turnover Unfavourable Information appeared as expected, ETH made up for the increase, and the overall performance of altcoin zone was good. As time goes by, the impact of grey-scale turnover on the market will become smaller and other ETFs will continue to buy, which will help ETH have excellent performance in the second phase. At present, the daily candlestick structure forms a triangular pattern, and the resistance level is at 3430/3500 to follow in the evening. Long positions must effectively break through the upper pressure to continue the pump space, otherwise it will likely be blocked and fall back here. After completing this correction, the target of pumping ETH again is 3850/4000.
[爱心]Spot trading strategy:
1: short-term swing trading defends at 68000, with targets at 69800/71000. If Rebound does not break the resistance or falls below the defense line, short-term swing trading can profitably reduce position and wait for a pullback to continue.
2: For those who do not want to engage in swing trading, they can continue to hold and increase their Position to 80-90% after the pullback.