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Same script, repeated hype over the past three weeks. Old Teter roared, and with a surge, the long-short liquidation ratio of 1:10 in the past 4 hours was born!
This morning, Old Teter issued another statement expressing hope for a settlement with Ida, including Ida's hint that tolls could offset war reparations, which is also giving Old Teter a way out. Whether a peace agreement can be reached soon remains to be seen. After all, Old Teter is about to come to Dongda for a world-class performance of winning big, needing a ceasefire to lay the groundwork for his achievements!
Recently, the market has been dominated by Old Teter's weekend amplification, good words on Monday, and this pattern has persisted for the past three weeks!
Last week's only floating loss order, CRCL, hit 93.5 this morning, breaking even and exiting. As a result, all orders from last week have been closed without stop-loss. For details, see Brother Cao's Saturday strategy review and summary.
The idea given on Saturday was to do some long and short trades before noon on Sunday. The Bitcoin position was at 67,500, with the second target at 2,130. The first target was hit, but the second was missed. After noon on Sunday, the focus shifted to buying spot and avoiding short positions. Currently, the rhythm mostly matches this plan!
Otherwise, with this morning's surge, your short positions might get trapped again. Recent operations emphasize good position control—don't fear being trapped. Sharp rises and falls are common. Try to avoid shorts on Sunday and Monday!
BTC
Support levels: 65,750 / 64,500 / 63,500
Resistance: 75,475
The key level now is around 68,400, which is the daily K's downward resistance trendline from last year's high. Focus on gains and losses within the day. Break below support at 67,135 / 66,085! The current strong bullish trend suggests not to short for now!
ETH
Support at 2,035 (1995) / 1,945
Resistance tentatively at 2,225
The second target has not broken the downward resistance trendline in this wave, and now it is rebounding along with Bitcoin!
Trading advice: Be patient during the day. Since Ida hasn't outright rejected negotiations, focus on buying dips in the afternoon. Manage your positions well—start with a flexible first position! $BTC $ETH
#Gate广场四月发帖挑战 $XAUUSD