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U.S. stocks opened high and continued to rise. Did you hold onto the rebound?
The sudden surge in the morning led to retail investors who went short suffering heavy losses. Why didn't they withdraw their short positions in time when a bottoming signal was formed in the wave? It was a clear technical turning point!
BTC
The morning strategy is to buy on a pullback at the 1115 line. After the US stock market opens, there will be a rebound, reaching a maximum of 1138. Overall, there is a space of 2300 points. The current position is at a four-hour resistance level, and there is still some strength in the smaller scale rebound. Long positions can reduce holdings and continue to look up at the 1143 position, with the upper level focusing on 1150.
ETH
There is still some rebound strength. The long position at 4070 reached a maximum pullback of 4192 this morning, with a profit margin of 120 points. Continue to hold and pay attention to the upper levels of 4210-4260. For the evening pullback, watch for support at 4120. As long as it doesn't break on the retracement, the bullish trend can continue #BTC .