Currently in a bottom consolidation zone, bearish momentum continues to weaken, support levels are gradually emerging; bulls are quietly gathering strength, and the conditions for a rebound are maturing. The downside space has been significantly limited. At this stage, continuing to chase short positions at low levels carries a low risk-reward ratio, and one should be cautious of potential technical rebounds at any time. Bitcoin around 91,000 long Targets: 91,700, 92,400, 93,000 Stop loss: 90,400 Auntie around 3,150 long Targets: 3,180, 3,220, 3,250 Stop loss: 3,120 Morning trading idea: Focus on buying dips during pullbacks, and participate in rebounds to restore positions.
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$BTC $ETH Bitcoin Auntie Early Analysis;
Currently in a bottom consolidation zone, bearish momentum continues to weaken, support levels are gradually emerging; bulls are quietly gathering strength, and the conditions for a rebound are maturing. The downside space has been significantly limited.
At this stage, continuing to chase short positions at low levels carries a low risk-reward ratio, and one should be cautious of potential technical rebounds at any time.
Bitcoin around 91,000 long
Targets: 91,700, 92,400, 93,000
Stop loss: 90,400
Auntie around 3,150 long
Targets: 3,180, 3,220, 3,250
Stop loss: 3,120
Morning trading idea: Focus on buying dips during pullbacks, and participate in rebounds to restore positions.