In my opinion, Ethereum is still falling and buying shorts is a more logical method
His short-term targets can be the following numbers
Long-term and medium-term targets
Comrades, Bitcoin is stuck in the range of 25500 to 26800. It can be hit from any side. It can move in the same direction, but my opinion is on the fall and there are many more fall scenarios.
The targets I have for Bit in the medium term
Comrades, Bitcoin has completed the Wykoff pattern and it is likely to start falling in 90% of the areas I have specified
This drop of targets can be the following numbers
After the growth of several thousand dollars, Bitcoin has reached the weekly supply area again and is expected to fall from here
I think it can go as high as $32,644 and drop sharply from there
In this case, the Bitcoin targets can be the following numbers
In general, my bearish scenario is stronger than bullish scenarios.
💲Bitcoin is slowly approaching the 4-hour order block in the one-hour time frame. I think it will reach it in two or three days, and the bit can be bit-dumped from there.
🛑 I marked the only scenario I have with an arrow on the chart.
🔴Taking long positions is risky now.
Currently, it is stuck in the range of 26,900 to 26,600, it will break from either side and move in the same direction. In my opinion, it will either fall from the 30-minute order block, or it will go up and fall from the $27,100 order block, which is more likely to happen.
If it falls, the targets will be 26600 / 26500 / 26160 / 25900
In general, my opinion...
Comrades, the bit will not grow until it stabilizes above 33,000$
I drew two arrows for bit, the prevailing scenario for them is this, and the probability of a white arrow is 70%
Yellow arrow 30%
It will probably fall to 28,075$, it can hit a high there, around 300 to 500 dollars, then it can fall to 27,671$/27,476$/27,274$.
Bitcoin is on the support zone, which I think will break and fall to 26 thousand to 25 thousand dollars.
It will probably grow to 28,700 to 29,900 and then fall again
If Bitcoin stabilizes above the green line in the area of HKEX:30 ,700
It can move up to the high targets that I specified
But if it goes below the red line and stabilizes, it can fall to the targets specified in the chart
Dominance Tether is on a support that I think it can break
If this support is lost, I have specified the targets, you can see it in the chart
If Dominance breaks, Bit can grow up to HKEX:31 ,000, HKEX:32 ,000 and even HKEX:33 ,000
My opinion is on the decline, at least until the purple support, and from there the trend can change to an upward trend and grow.