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Good afternoon brothers, here is a brief market outlook:
This round of rebound is generally strong, meaning that after a rise, there will be a technical pullback followed by sideways consolidation, especially with Ethereum outperforming Bitcoin in this move!
Currently, market data shows Bitcoin (BTC) around 74,000, Ethereum (ETH) around 2,320. The current prices are within the support zone of the sideways range.
Intraday trading suggestions:
Buy near 73,500 for BTC, stop loss if it drops below 73,000
Buy near 2,305 for ETH, stop loss if it drops below 2,290
Expect continued volatility today. After a period of sideways movement, we will see if the next breakout can succeed. If there is no effective breakthrough in the next couple of days, the market will need to pull back. Therefore, especially for long positions, keep a close watch on the charts!
Follow Mo Yan, who specializes in contract and spot positioning. The team still has spots available, so get on board quickly: #美股收盘加密板块多数上涨 $BTC $ETH