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BTC Night Market Analysis and Trading Suggestions
Good evening! Tonight's Bitcoin (BTC) trend is quite critical, having started a downward movement precisely at the expected level of 98,000. Currently, the pullback has not yet reached the anticipated range of 96,000 - 94,000. However, it is important to closely monitor the key support level at 96,800. If this support is broken, there is a strong possibility that the price could decline to around 95,000.
Trading Suggestions:
• Short Strategy: It is recommended to continue with short positions, setting a target price around 96,500. At the same time, establish a stop-loss at 98,300 to manage potential risks.
• Long Strategy: If the price strongly breaks through 98,300, it is advisable to quickly reverse to a long position, targeting around 100,000.
• ETH: Consider going long in the range of 2,680 to 2,710 with a target near 2,800.
During trading, it is essential to consider your own risk tolerance, manage your position sizes appropriately, and trade cautiously.
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