Market

In the past 24 hours, both BTC and ETH have seen a significant pullback, falling by 4.34% and 3.48% respectively, and the Fear and Greed Index is as high as 79, indicating that the sentiment is optimistic but the risk of a short-term correction increases. BTC support is $117,193.4 and resistance is $123,853.3, ETH support is $4,453.49 and resistance is $4,790.35. It is recommended to place near the support level, with a stop loss of $115,000 and a take profit of $125,000 for BTC and a stop loss of $4,350 and a stop profit of $5,000 for ETH. The short-term trading position is controlled at 10%-15% of total assets, and the 60:40 ratio of BTC and ETH is maintained in the medium term, paying attention to macro policy and regulatory developments. (Click to view the full article)