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Rodriguez temporarily assumes the position of interim president. Cautiously chase the high prices of cryptocurrencies! 1.4 Bitcoin Auntie Strategy
Venezuela's Rodriguez is regarded by many as the second most powerful figure in the country after Maduro. She conveyed ambiguous messages in a public speech on Saturday. She called for President Maduro to return but also stated that Venezuela can still maintain a "mutually respectful relationship" with the United States. If she can consolidate power and both sides can cooperate, perhaps a path to easing relations with the US can be opened. Trump warned that if such cooperation fails to materialize, the US might launch a new wave of attacks. The Venezuelan Supreme Court of Justice ordered Vice President Delsy Rodriguez to assume the role of interim president. After a retreat yesterday, the price rebounded again at midnight, breaking previous highs. The overall trend is consolidating at high levels. Although recent spot ETF funds have been flowing in, there is not much capital involved. Everyone, be cautious when chasing the rally!
The daily chart of Bitcoin Auntie closed positive again, continuing the upward momentum this morning. After a spike upward, it slightly retraced. With international tensions worsening over the weekend, a pullback may occur later. Therefore, watch for a retracement during the day. Focus on the resistance zone around 91500-91600, and pay attention to the 3170-80 level for Ethereum!
1.4 Short-term Strategy:
Bitcoin at 91100-91500 short, with a stop around 92500. Target near 89000-88000, and if broken, target around 87500-87000. Continue to move stop-loss based on market conditions!
Ethereum at 3145-3170 short, with a stop around 3230. Target near 3050-3000, and if broken, target around 2950-2920-2900. Continue to move stop-loss based on market conditions!
1.4 Long-term Strategy:
Bitcoin retracing to 88000-88500 long, with a stop around 87000. Target near 89000-89500-90000. If broken, target around 90500-91000-91500. Continue to move stop-loss based on market conditions!
Ethereum retracing to 3020-3050 long, with a stop around 2960. Target near 3100-3140-3170. Continue to move stop-loss based on market conditions!
Capital-driven price rebound, with Ethereum leading the rally, followed by Bitcoin. Many altcoins have surged strongly in recent days. However, international tensions are worsening, and the market believes US stocks are overvalued. Everyone, be cautious when chasing the rally!#加密行情预测