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Tuesday, 70000 stabilizes, adjust strategy - go long first then short intraday
Yesterday's false alarm news between US and Israel threw the crypto circle into turmoil, with Bitcoin experiencing an 8000-point swing, falling first then rising. After the confusion cleared, the market returned to calm. Currently, the price has stabilized at the 70000 level, so we can no longer treat it as an extremely weak market. Today we adjust our strategy to go long first then short.
After oscillating and consolidating all night without breaking the 70000 watershed, it indicates there is strong support below. We need to closely monitor 74000 and 76000 as two resistance pressure levels. For this type of wide-range box formation, it's difficult to pursue aggressively without a strong effective breakthrough of resistance.
Bitcoin: Go long in the 70300-70800 zone, target 74200, light position entry, reserve position for averaging in
Ethereum: Go long in the 2130-2150 zone, target 2320, light position entry, reserve position for averaging in
The final battle at month-end, we advance step by step, the light has always been there, those who understand will understand!