Thursday



Yesterday morning, I provided everyone with a bullish outlook, expecting a pullback in the 69500-70000 range. The market dipped to around 68900 before starting to rebound, reaching a high of around 71200. There is still room for a rebound, although not much.

Looking at yesterday's trend, the rebound did not continue, and the rally did not break the previous high of 71700 from the day before. Overall, the market remains in a consolidation phase, so the strategy remains cautious, focusing on short-term trades.

The suggestion is still to first go long and then consider shorting, paying attention to the 69500-69000 zone for long entries. If the rebound reaches the 71000-71500 area and faces resistance, then consider shorting.
ETH-0.58%
BTC-0.86%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin