三马哥
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The highest weekly closing price of Bitcoin in history reached 123,500 USD! To be honest, the weekend gains made Monday difficult to trade, as it always tends to rise in advance of working days, deliberately taking advantage of your distraction to launch surprise attacks. Other altcoins are quite weak compared to Bitcoin, which is showing independent movement.
Today is Monday, and if you want to wait for a pullback to go long, you can pay attention to these support levels. Each support level will see some upward movement, with varying degrees of increase, and if the market moves quickly, it’s all about who can run faster.
The first aggressive support for BTC is 122,188 (after breaking through, it rebounded 2,000 points upon first touch; let's see if it can be reached a second time, but this position is aggressive and easily trapped), the second good support is at 120,000, a psychological round number, and the extreme pin support at 118,888 USD is also an area with dense chips where a large number of shorts could be trapped. Once the first pin touches, there will be a rapid upward rebound. #BTC
The resistance levels for BTC should be 125,200 USD and the extreme level at 130,000 USD.
As for ETH, it’s a bit strange and weak. The starting point for its surge is the 4,088 area, but once it touches 4,600, it starts to wither. Our spot target has been set with stop-loss at the cost of spot trading, so let’s see if this week or this month can reach the first target. #ETH
Today is Monday, and if you want to wait for a pullback to go long, you can pay attention to these support levels. Each support level will see some upward movement, with varying degrees of increase, and if the market moves quickly, it’s all about who can run faster.
The first aggressive support for BTC is 122,188 (after breaking through, it rebounded 2,000 points upon first touch; let's see if it can be reached a second time, but this position is aggressive and easily trapped), the second good support is at 120,000, a psychological round number, and the extreme pin support at 118,888 USD is also an area with dense chips where a large number of shorts could be trapped. Once the first pin touches, there will be a rapid upward rebound. #BTC
The resistance levels for BTC should be 125,200 USD and the extreme level at 130,000 USD.
As for ETH, it’s a bit strange and weak. The starting point for its surge is the 4,088 area, but once it touches 4,600, it starts to wither. Our spot target has been set with stop-loss at the cost of spot trading, so let’s see if this week or this month can reach the first target. #ETH
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