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1.5 Short Position Strategy:
Bitcoin current price 92800-93300 short, conservative traders enter around 93700-94000, with a stop near 95000, targets at 92000-91000-90000 vicinity, if broken look at 89000-88000 area, continue to move stop-loss as the situation develops for profit-taking!
Ethereum current price 3180-3200 short, conservative traders enter around 3250, with a stop near 3300, targets at 3100-3050-3000 vicinity, if broken look at 2950-2920-2900 area, continue to move stop-loss as the situation develops for profit-taking!
1.5 Long Position Strategy:
Bitcoin retracement 88000-88500 long, with a stop near 87000, targets at 90000-90500 vicinity, if broken look at 91000-91500 area, continue to move stop-loss as the situation develops for profit-taking!
Ethereum retracement 3020-3050 long, with a stop near 2960, targets at 3100-3140-3170 vicinity, continue to move stop-loss as the situation develops for profit-taking!
Currently, liquidation intensity is not high as prices rise; only if it breaks down will there be billions of dollars liquidated. Moreover, there is no positive support, so everyone should be cautious about chasing the rise!#加密市场开年反弹