Continuing the thinking from the previous few days.
I believe Ethereum can rise above 2920 again, and Bitcoin should also have room for an increase. Because there has been no special negative news announced, it is predicted that Bitcoin's price should be able to reach above 93,000, at most 97,000, while Ethereum is expected to be at least above 3,100, at most 3,400. Today, the negative news caused a sharp drop of 200 points. After subtracting the previous calculations, it can be said that the strength of the bulls has not been completely liquidated. Of course, this still does not mean that one can go long. In other words, due to the impact of the negative news from this sell-off, the original short position at 3100 has been moved to around 2920, and it is not necessary to place it at an integer to avoid being triggered by orders like at 3097.
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Continuing the thinking from the previous few days.
I believe Ethereum can rise above 2920 again, and Bitcoin should also have room for an increase.
Because there has been no special negative news announced, it is predicted that Bitcoin's price should be able to reach above 93,000, at most 97,000, while Ethereum is expected to be at least above 3,100, at most 3,400.
Today, the negative news caused a sharp drop of 200 points. After subtracting the previous calculations, it can be said that the strength of the bulls has not been completely liquidated. Of course, this still does not mean that one can go long.
In other words, due to the impact of the negative news from this sell-off, the original short position at 3100 has been moved to around 2920, and it is not necessary to place it at an integer to avoid being triggered by orders like at 3097.