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Good evening everyone, I am Tony the Elder. Yesterday, Bitcoin went long around 89300, increased its position around 91000, reduced its position near 91800 and then replenished its excess. Ethereum also went above 2950 and 3020, and finally, Bitcoin 93600 and Ethereum 3150 all left the long positions. Yesterday was a great victory;
At present, there are signs of a bottom signal in the daily candlestick chart. Today is crucial as the daily chart has once again fallen. As long as the 88500 level remains below, there is a chance to continue rising near 97000. If the market panics and falls again, there may be a range of 84000-85000. If we can really reach this level, we can directly ambush the long term and consider buying a batch of spot goods. Don't panic if we really reach this level. I will also invest heavily in spot goods myself. If you touch the position of 84-85 this week, it will rebound next week. The parallel support level of the previous weekly line was directly breached, and the starting point of the second phase of the bull market is at 84-85. You cannot have two strong supports that are completely ineffective. Remember this position!
Long term layout stable suggestion: 84-85 phased entry to see 97-10.4 position
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Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.