BTC recently pulled back to around 114700, then on the 25th it made a second buy without breaking the previous low of 114700, and last night it broke through 118000 again. So at this point, has the short-term pullback ended? We need to put a question mark first. If it continues to oscillate, this range will test downwards again, with the previous open orders' two low points at 114500-113600. If the pullback has ended, then in the near future it could directly break through 123000-126000. In the oscillating pullback market, don't be overly bearish; just engage in swing trading. The daily chart's rise hasn't ended yet, and after BTC makes another push, a strong pullback should be on the way.

Ether: Short Selling

Entry position: 3790-3797

Take profit position: 3690

Stop loss position: 3840

Position: 1/10

BTC-2,44%

ETH-2,55%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes