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The price comparison started to exert force continuously from midnight, with a strong upward surge. As we mentioned in yesterday's live broadcast, after clearing out, look for a good entry point to go long. After the evening clearance, Bitcoin was bought near 68,000 and gained 3,000 points, while Ethereum was bought at 2085, gaining about 140 points. The only regret is that we didn't catch the high point, which is a bit unfortunate. During the morning live broadcast, I again advised to go long directly at 2170, which resulted in a profit of over 60 points. When the market arrives, you must act decisively.
The market is influenced by news, continuing to rise. Bitcoin broke through 72,000 and rose to around 72,700, while Ethereum reached a high of about 2273. This round of rally was mainly driven by news stimuli. As seen in the morning news, the opening of the Strait of Hormuz can be considered a key factor for bulls and bears, so everyone should pay close attention. However, from the current pattern, price comparison faces a correction and retracement need. But don’t overestimate the correction; adjustments should be based on the market pattern and news.
This morning, short positions on Bitcoin from 71,700 to 72,100, looking at around 70,500; Ethereum short from 2240 to 2270, looking at 2150. The shorts at 72,000 and 2265 mentioned in the morning live broadcast are currently held, waiting for the next move. #Gate广场四月发帖挑战 #国际油价走高