#btc #eth February 4th Morning Market Analysis, Hello everyone, I am Maple Leaf. After the market hit a new low again yesterday and then rebounded, BTC reached around 76,900 points, ETH around 2,350. The current market trend suggests that the bottom is likely in. If friends have short positions, they might consider taking partial profits. Both Bitcoin and Ethereum show potential bullish divergence on the 4-hour chart. From any perspective, the risk-reward ratio for going long is very high. Moreover, this wave of correction has already shown many signs of weakening momentum. Considering all factors, I recommend mainly focusing on low buy entries and controlling position sizes.
Maple Leaf's Position Yesterday Currently holding long positions around ETH 2260 Currently holding long positions around BTC 76700
For friends who are confused about trading directions, you can follow Maple Leaf. We also offer copy trading on Zhima. Wishing everyone a profitable New Year!😀
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#btc #eth February 4th Morning Market Analysis, Hello everyone, I am Maple Leaf. After the market hit a new low again yesterday and then rebounded, BTC reached around 76,900 points, ETH around 2,350. The current market trend suggests that the bottom is likely in. If friends have short positions, they might consider taking partial profits. Both Bitcoin and Ethereum show potential bullish divergence on the 4-hour chart. From any perspective, the risk-reward ratio for going long is very high. Moreover, this wave of correction has already shown many signs of weakening momentum. Considering all factors, I recommend mainly focusing on low buy entries and controlling position sizes.
Maple Leaf's Position Yesterday
Currently holding long positions around ETH 2260
Currently holding long positions around BTC 76700
For friends who are confused about trading directions, you can follow Maple Leaf. We also offer copy trading on Zhima. Wishing everyone a profitable New Year!😀