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The market is like a heavy rain; no matter how good the umbrella is, the cuffs will still get wet—stubbornly standing in the rain, waiting for a sunny day will only lead to a cold. A stop loss is not giving up, but returning the wrong path to the map and saving the energy of hitting the south wall for the next start. Smart people understand: breaking off a branch will allow the tree to live better; letting go of a small fish will allow the fishing rod to wait for big waves. Your account is not a monument; it doesn't need to be engraved with 'it could have been'. Those who decisively stop loss have already set sail at the next station. BTC quickly surged to 119248 in the morning before facing pressure and pulling back, but after dipping to 117000 at midday, it quickly rebounded, currently oscillating around 118000. Although the shorts made a brief counterattack, the price has never effectively fallen below the key support of 117000, indicating strong market support. We went long first and then short in the morning, making a fortune in both waves. Ether synchronized with BTC, first rising to 3660 before dipping to 3505, and then rebounding to the current level of 3575.
Structurally, the low points are gradually rising and the pullbacks are decreasing in volume, indicating that we are still in a normal technical correction within a bullish trend, rather than a trend reversal. After Ethereum synchronized with BTC to peak at 3660, it fell back to 3505, but then quickly rebounded to around 3575, showing a recovery strength significantly stronger than the market. The 3500-3550 area has formed a dense buying support, and if it can stabilize above 3550, it is expected to further boost market risk appetite. Ethereum's strong performance may provide support for BTC's subsequent upward attack, and the correlation between the two should be closely monitored.
#Gate ETH十周年回馈#
BTC strategy: Buy around 117500-118000, target 119500
Ether strategy: Buy around 3540-3560, target 3700