Keep up with short selling to reap the rewards.

Is the BTC pullback an opportunity or a trap? Can ETH still surge?

Hello everyone, I just reviewed the market and would like to break down the current opportunities and risks for you. BTC 1-hour chart: After the plunge, can the bulls hold on?
Today, it has dropped from a high of almost 76000, directly breaking below MA7/MA25, and the RSI is almost touching the oversold zone.
Support level below: 73000, this is the bulls' last "lifeline". Resistance level above: 74000
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My judgment: It’s a tug-of-war between bulls and bears right now. If 73,000 cannot hold, it is very likely to test lower; if it can stabilize, a rebound for a small profit is possible, but don’t blindly catch the falling knife, wait for signals!

ETH 4-hour chart: The toughest guy in the arena! Even with BTC dropping like this, it is still standing on MA7, simply a counter-market champion.
​Support level below: 2300-2250
​Resistance level: 2390
BTC trading advice
Go long
Entry: Around 72500 on pullback,​ Stop loss: 72000,​ Take profit: 74200 → 75500

Short position

Entry: Around 74300, Stop loss: 75000, Take profit: 72300 → 71500

ETH trading advice

Go long

Entry: Around 2260, Stop loss: 2240
​Take profit: 2360 → 2400

Short position
Entry: 2350, Stop loss: 2380
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Take profit: 2300-2260

 The above are personal suggestions for reference only.

Don’t go all in! Keeping some bullets is more important than anything else.
​Don’t chase highs or panic sell, only act at key levels.
​The above is just my personal rambling, profits and losses are your own responsibility.
Is it time to catch the bottom or lie flat? Comment below 👇#BTC #ETH #行情分析