Congratulations to the friends who have been catching up these days and are now eating meat. Currently facing resistance at 7.4, it is expected to pull back, with support around 7 or 6.8. The core position has been maintained and is currently in an upward trend; hold on to the core position a bit more. From a technical analysis perspective, breaking through 7.4 could lead to a test of 8, and if Ethereum breaks through 2200, it could reach 2600. However, it might take about a month to see how things develop. I estimate that this month is highly likely to close with a positive candle, as the monthly chart has already experienced six consecutive declines.
Regarding trading strategy, the daily chart has already broken through 7.2, so consider going long at the bottom. For aggressive traders, go long at 7W, and for more conservative traders, around 6.8 for Bitcoin. Tonight, I plan to post another update to see how the market moves during the day.
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Congratulations to the friends who have been catching up these days and are now eating meat. Currently facing resistance at 7.4, it is expected to pull back, with support around 7 or 6.8. The core position has been maintained and is currently in an upward trend; hold on to the core position a bit more. From a technical analysis perspective, breaking through 7.4 could lead to a test of 8, and if Ethereum breaks through 2200, it could reach 2600. However, it might take about a month to see how things develop. I estimate that this month is highly likely to close with a positive candle, as the monthly chart has already experienced six consecutive declines.
Regarding trading strategy, the daily chart has already broken through 7.2, so consider going long at the bottom. For aggressive traders, go long at 7W, and for more conservative traders, around 6.8 for Bitcoin. Tonight, I plan to post another update to see how the market moves during the day.