7.24BTCETH evening strategy


Currently, the market is very optimistic, and many people believe that 11600 is the "iron bottom" for BTC. They view the pin bar rebound as a reversal signal. However, the price has not continued to rise and has instead begun to show signs of weakening fluctuations—this is the uncertainty of the market.
When holding a long position, it feels like printing money, as the market never moves in the direction expected by the majority. After all, trading is against human nature.
From the current market situation, BTC is still in a wide range of fluctuations, with a weak rebound and clear pressure. For short-term trading, short positions can be taken near the rebound highs, and the rhythm is still relatively smooth.
Personal suggestion
BTC: Enter between 119000 - 119500, target down to 117500 - 116500, still looking at 118000-1185000 for the long term.
ETH: Enter between 3660 - 3680, target down to 3590 - 3580, still looking at 3600 in the long term.
ETH2.9%
BTC1.54%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)