Monday, Bitcoin Big Pie Ethereum Strategy Analysis and Trading Suggestions

Although the US-Iran negotiations at the weekend did not reach an agreement, the diplomatic doors between both sides remain open, and a second round of talks may be held within a few days. For the market, it’s a mixed bag of hope and concern! No one knows what factors might change the situation in the next step of the war, so we should keep an eye on developments and wait and see!

After yesterday’s Bitcoin drop into a dive, it entered range-bound consolidation. At present, the 70,000 level provides significant support. In the short-term cycle, use this as the dividing line: hold and insist on heading north; if it breaks, reverse and follow the trend south. Our Bitcoin long positions are still in hand, slightly trapped. First, look at the strength of the rebound before deciding.

Bitcoin: Refer to the 70,500-71,000 area to go long, target 72,500. Enter with a light position, and reserve room to add.

Ethereum: Refer to the 2,180-2,200 area to go long, target
2,300. Enter with a light position, and reserve room to add.

In the circle for seven years, I only do professional analysis and steady trading. I’ve guided nearly 10,000 retail investors, and will protect you the whole way. Only those who understand, understand—waiting only for those with a purpose! #Gate现货衍生品双双冲进全球前三