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Learn More: https://www.gate.io/article/44878
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#BTC# #ETH# BTC-Direction: mainly long with low emphasis, high short as supplementary, real-time lead in copy trading price live channel as standard.
Space: Support around 103300-102800 for long positions, resistance around 106100-105500 for short positions.
Reason: The daily line has changed from support to around 100000, stabilizing indicates low long positions. The four-hour line retraces to the trend line support near 100000, with high-level fluctuations and retracement indicating low long positions.
Key point: Be sure to use a stop loss based on the shape "recent low or high point", no order without reason, no order without signal.
ETH - Direction: Focus on low long positions, with high short positions as a supplement, real-time lead in copy trading prices are based on the live channel.
Space: Support for long positions around 2400-2500, resistance for short positions around 2670-2600.
Reason: The daily support near 2220 is strong, and the market continues to reach new highs. Be cautious as Ethereum hits a new high today. Focus on low long positions in the four-hour timeframe, while short-term trades should be short. Today, being the weekend, high short positions will likely see a pullback before low long positions.
Key point: Be sure to use a stop loss based on the shape "recent low or high point". No order without reason, no order without signal.
Wish everyone happy trading 5.11