Although the livestream was late today, the positions given during the broadcast were still good. Bitcoin had shorts around 71,000, currently with over 500 points of room. For those who entered early, there's no impact—there's still plenty of space. For Ethereum, shorts are around 2,146. The price ratio will see minor fluctuations this morning; we'll see if there's an acceleration opportunity. Friends, please be patient and wait.
After the price ratio's strong rally, it failed to continue higher, showing clear signs of insufficient momentum continuation. The upside energy is basically exhausted. The market is now facing expectations of a pullback. Entering the market at this time to catch the decline is fine; just be patient after entry. Bitcoin's resistance around 72,000 remains very strong in the short term and keeps failing to break through. This means it will be pressured down again by bears. In the short term, we're watching for a pulldown.
Early morning: Bitcoin 70,800 to 71,200 shorts, targeting 69,000. Ethereum 2,150 to 2,185 shorts, targeting 2,060. #Gate13周年全球庆典 #Gate储备金报告
Although the livestream was late today, the positions given during the broadcast were still good. Bitcoin had shorts around 71,000, currently with over 500 points of room. For those who entered early, there's no impact—there's still plenty of space. For Ethereum, shorts are around 2,146. The price ratio will see minor fluctuations this morning; we'll see if there's an acceleration opportunity. Friends, please be patient and wait.
After the price ratio's strong rally, it failed to continue higher, showing clear signs of insufficient momentum continuation. The upside energy is basically exhausted. The market is now facing expectations of a pullback. Entering the market at this time to catch the decline is fine; just be patient after entry. Bitcoin's resistance around 72,000 remains very strong in the short term and keeps failing to break through. This means it will be pressured down again by bears. In the short term, we're watching for a pulldown.
Early morning: Bitcoin 70,800 to 71,200 shorts, targeting 69,000. Ethereum 2,150 to 2,185 shorts, targeting 2,060. #Gate13周年全球庆典 #Gate储备金报告