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$ETH Saturday morning market analysis!! 💥
A simple sentence: shake out the bulls and bears, range-bound fluctuations—another familiar weekend market. There won't be much volatility in the market, but Sister Min estimates that many retail investors were scared by this "slow knife" type of decline yesterday, thinking the market was going to crash.
On the four-hour chart, during the decline, trading volume couldn't keep up; there is still support below. It's not clear yet whether this is a correction, but it's definitely not the time for retail investors to FOMO buy on the hourly chart. Although the weakness is evident, it hits support and then slightly rebounds, but not much. This is how the manipulator is forcing retail investors to give up their chips. Don't chase longs or shorts at this point; a slight mistake could easily wipe out your principal.
Personal trading advice: keep a light position, mainly low-leverage long positions, be prepared to reverse quickly, and don't hold on during a reversal!!
$BTC : Re-test 77,000 to go long, look for a rebound to 78,500
$ETH : Buy on dips between 2265-2300, aiming directly for 2350 in the short term
#加密市场行情震荡 #跟单金牌星探