After BTC broke through a new high, it experienced a fall. The activation of BTC Wallet addresses by ancient Whales yesterday caused panic, leading to a significant drop. The short-term support has been breached, and currently, the short-term support is in the range of 107300-108000. We can observe if this level can hold; if it does, it is still possible to enter a long order, with a target near the previous high of 112000.


EHT has also reached strong support near 2500 in the short term. If you entered a long order with BTC yesterday, you can continue to hold it. The take profit target is still looking at around 2800.
My operating idea:
Long order BTC107300-108000, stop loss 106600, take profit 112000.
Long order ETH2480-2520, stop loss 2450, take profit 2800.
Trading involves risks, and the above views do not constitute financial advice!
BTC0.41%
ETH22.1%
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
  • Repost
  • 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)