Today is a good day; upon waking up, I saw that there are corpses everywhere in the market, a big wave has started again. Some are happy, some are sad. Without fluctuations, there are no opportunities, but in the end, the fluctuations came, and the positions are already gone. Recently, we have repeatedly observed sharp jumps and falls, but people who got liquidated still haven't learned to manage their positions!


BTC Concern
Support 100305/98500/96500
The pressure is temporarily set at 107507/109465
At the moment, the key point is 105055; if support is confirmed, it will sequentially aim to test the resistance levels!
Attention to ETH
Support 2403/2343/2285/2215
Pressure is temporarily set at 2585/2627-2665
The market is so crazy, these past few days I have constantly emphasized that order placement points cannot be aggressive, it is essential to be cautious, mainly due to the excessively one-sided growth, which created a vacuum zone, and the fall can easily break through the vacuum zone as well. With the end of the artillery fire in the Middle East, the market immediately returned to the starting points of growth that had been in these past few days. Let's see if it will be possible to not control positions; primarily, controlling positions will definitely not lead to liquidation, while a lack of position control will definitely not survive the wave of extreme fluctuations!
In practice: extreme events lead to extreme market fluctuations, historical data shows that ultimately, as the relevance of the event decreases, everything recovers. When extreme events and extreme fluctuations coincide very well, the market will also tend to a crazy liquidity gathering. This is not a bullish market signal because independent fluctuations are a precursor to a bullish market. When a sudden event occurs in such a market, the cryptocurrency market will certainly be subject to fluctuations, and this is definitely not a sign of the so-called bullish market!
In conditions where the influence of major events is increasing, one should focus solely on indicators, ignoring all noise, and open trades only based on signals at key support and resistance levels!
#GateLive #GT #Unlock High Yields with BTC Staking #BountyDrop is Live on Gate Wallet
BTC-2,87%
ROAM-1,29%
GT-1,62%
ETH-3,03%
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