Bitcoin's top and bottom reversal position around 94,700
The next two days won't go down; it still needs to push higher. 98, 100,000 are all possible Ethereum broke below 3280 today and recovered. The same applies here; if it can't go lower, it needs to push with Bitcoin around 3460 For those holding short positions, don't rush to add to your position. The daily chart's downward trend hasn't reversed yet. Don't wait until the price drops back to close your position, or you'll lose your holdings. Bitcoin needs to stabilize above 107,000, and Ethereum above 3,650 for a reversal. So try not to hold onto losing positions. Even if you don't get liquidated and manage to hold on, others profit while you break even. Mindset has a big impact.
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Bitcoin's top and bottom reversal position around 94,700
The next two days won't go down; it still needs to push higher. 98, 100,000 are all possible
Ethereum broke below 3280 today and recovered. The same applies here; if it can't go lower, it needs to push with Bitcoin around 3460
For those holding short positions, don't rush to add to your position. The daily chart's downward trend hasn't reversed yet. Don't wait until the price drops back to close your position, or you'll lose your holdings.
Bitcoin needs to stabilize above 107,000, and Ethereum above 3,650 for a reversal.
So try not to hold onto losing positions. Even if you don't get liquidated and manage to hold on, others profit while you break even. Mindset has a big impact.