The analysis during the live broadcasts the day before yesterday and yesterday suggested a potential second drop. As expected, it broke out of the box structure. Although it eventually came back, the strategy validated a maximum profit of 5000 points, and Ethereum also provided hints 👇
ETH's upcoming trend prediction
Scenario 1 (Strengthening) breaks 2400,
Tests resistance at 2488, retraces to 2375
Then rises all the way to targets of 2700-2800
Scenario 2 (Weakening) fails to break 2400,
Consolidates in the 2400-2150 range to accumulate,
Ultimately, a false breakdown to gain liquidity completely ends the decline
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Yesterday's decline perfectly validated scenario two, which is the weakening scenario
In the live broadcast room, I also provided the strategy in real-time, and I believe those who kept up benefited from it, the live strategy 👇
Market buy Ethereum at 2160
Take profit: 2245-2345 - cost loss pattern
Stop loss: 2100
Floating profit, has reached TP2
Add position at market price of 2213, with the added position stop loss at 2180
After we entered the market at the market price, we also added positions at 2213, and then directly hit the second take profit position with one needle 🪡
For Bitcoin, the price is at a new low after October 2024. After touching 73000, a technical rebound occurred, which is a reasonable adjustment. The price is now fluctuating around 76500, with daily resistance at the 78600 - 79800 range and daily support at 75000 - 75800.
There is a higher probability of a rebound during the Asian session, and the operation suggestion is to focus on the support position for short-term longs.
Fixed live broadcast every day from 11 PM to 5 AM Beijing time $BTC @BlackHandGarry