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One platform for global traditional assets
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CandyDrop
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Alpha Points
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Bitcoin and Ethereum are supported at key resistance levels. Currently, Ethereum is breaking through and retesting the head and shoulders bottom. Bitcoin is in a daily chart consolidation and downward trend, breaking below support with a weak rebound; the two patterns are quite disconnected. Due to Ethereum's strength in exchange rate, we are still referencing Bitcoin's movement for trading. We have both long and short positions, all with stop-loss to protect capital. Based on key levels, reducing positions to secure profits and betting on trend continuation should wait until Monday for a clear direction. With only three days left this week, a sideways movement is very likely. Whether long or short, just go for it at the current levels.