General situation: The market is in a phase of anticipation and caution after a previous strong upward move. BTC is facing a critical resistance, while Ethereum (ETH) and altcoins are showing greater resilience but remain dependent on the leader's movement. 🌟
📈 Suggested trading strategies for today: 1. "Buy at Support" Strategy: ✨ Focus on key support areas for strong coins (such as BTC at \approx $68,000, ETH at \approx $3,800) and wait for clear rebounds before entering. Avoid buying during sharp declines. 2. "Range Trading" Strategy (Range Trading): 💖 If the market continues to fluctuate, you can sell near resistances (especially for BTC) and buy near support, with strict stop-loss orders. 3. "Monitor Strong Altcoins" Strategy: 🌟 Look for coins showing relative strength (Relative Strength) and trading above their major moving averages. They may be better for quick trades. 4. "Risk Management" Strategy (most important!): Do not enter a single trade with all your capital. Take partial profits at highs to reduce risk and protect gains.
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General situation: The market is in a phase of anticipation and caution after a previous strong upward move. BTC is facing a critical resistance, while Ethereum (ETH) and altcoins are showing greater resilience but remain dependent on the leader's movement. 🌟
📈 Suggested trading strategies for today:
1. "Buy at Support" Strategy: ✨ Focus on key support areas for strong coins (such as BTC at \approx $68,000, ETH at \approx $3,800) and wait for clear rebounds before entering. Avoid buying during sharp declines.
2. "Range Trading" Strategy (Range Trading): 💖 If the market continues to fluctuate, you can sell near resistances (especially for BTC) and buy near support, with strict stop-loss orders.
3. "Monitor Strong Altcoins" Strategy: 🌟 Look for coins showing relative strength (Relative Strength) and trading above their major moving averages. They may be better for quick trades.
4. "Risk Management" Strategy (most important!): Do not enter a single trade with all your capital. Take partial profits at highs to reduce risk and protect gains.
Summary: Patience, caution, and precisely identifying entry and exit points#CryptoMarketRebounds #ShowMyAlphaPoints #CryptoMarketWatch #JoinCreatorCertificationProgramToEarn$10,000