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April 5th Cryptocurrency Market Analysis ‼️‼️
【Be cautious of the final dip that could trigger panic selling】
Strategy: ✅ Manage positions, ✅
1️⃣ Market Overview 【BTC ETH】 Current key support levels:
【BTC】Small short position
Open: Short on rallies
Stop loss: 68,000
Take profit: Take profit 1: 65,500, Take profit 2: 62,500, Take profit 3: 60,000
【ETH】Small short position
Open: Short on rallies
Stop loss: 2,100
Take profit: Take profit 1: 1,935, Take profit 2: 1,850, Take profit 3: 1,750
2️⃣ 【ETH & BTC】 are starting to decline, observe the transmission pattern to see if the downward movement can pass from smaller to larger timeframes. Watch for signs of continued decline or a reversal. The final dip’s take profit level for shorts is near the support level for longs, for your reference.
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All opinions are personal views only.
Not investment advice, DYOR.