Currently, the market is rebounding, with Bitcoin up nearly 9% and Ethereum up nearly 11%.
According to this morning’s market analysis, a small-scale 5-wave rally is underway. Bitcoin has not yet reached the resistance at 94,000, and Ethereum has not yet reached the 3,090-3,110 resistance level. For those who were in a hurry to open short positions this morning, make sure to set your stop-loss. In the public channel today, the benefit long positions are also in profit. The liquidation map above is almost cleared out. After a nearly 10,000-point drop in one day, there's now a nearly 10,000-point rally. Is this wave a bull trap, and will there be a second bottom? 94,000 is also a minor resistance on the trend line. Let’s see if it can break through effectively. Remember to defend well—don’t be the one left holding the bag.
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Currently, the market is rebounding, with Bitcoin up nearly 9% and Ethereum up nearly 11%.
According to this morning’s market analysis, a small-scale 5-wave rally is underway.
Bitcoin has not yet reached the resistance at 94,000, and Ethereum has not yet reached the 3,090-3,110 resistance level.
For those who were in a hurry to open short positions this morning, make sure to set your stop-loss. In the public channel today, the benefit long positions are also in profit.
The liquidation map above is almost cleared out. After a nearly 10,000-point drop in one day, there's now a nearly 10,000-point rally. Is this wave a bull trap, and will there be a second bottom? 94,000 is also a minor resistance on the trend line. Let’s see if it can break through effectively. Remember to defend well—don’t be the one left holding the bag.