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Long position strategy still gaining value. Although CPI is below expectations, the bottoming process aligns with expectations. While spot ETF funds are still flowing out, there is buying interest in the spot market, which supports the price of the coin, along with positive non-farm payroll data. The price of the coin has clearly stabilized and is no longer falling. Currently, Bitcoin has gained over 2000 to nearly 3000 points, and Ethereum has followed with over 100 to nearly 150 points. Those who are already in can move their stop-loss to secure profits! For those who haven't entered yet, continue to wait for retracements to accumulate positions!
2.14 Long Position Strategy
Bitcoin retraced to 66,500-67,000. Support around 65,500, target at 68,000-68,500, and breakouts above that could see 68,988-68,868. If broken, look for 69,500-70,000-70,500-71,000, and continue to adjust stop-loss to secure profits based on market conditions!
Ethereum retraced to 1900-1940, support around 1850, target at 1950-2000, and if broken, look for 2050-2100. Continue to adjust stop-loss to secure profits as needed!
2.14 Short Position Strategy:
Bitcoin rebounds to 71,000-71,500, short with support around 72,500, target at 70,000-69,500-69,000, and if broken, look for 68,500-68,000-67,500-67,000. Continue to adjust stop-loss to secure profits based on market conditions!
Ethereum rebounds to 2100-2140, short with support around 2180, target at 2050-2000, and if broken, look for 1950-1920-1900.
In this low-range consolidation, the price is neither falling nor rising significantly. Therefore, it’s important to have capital support. Pay close attention to capital movements!#Gate广场发帖领五万美金红包