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BTC has broken the 74,500 level. How should the market respond in the future? Will it continue to rise, or is a correction imminent? Investors should pay attention to key support and resistance levels, market sentiment, and potential news events that could influence price movements. Staying informed and cautious is essential in navigating the upcoming market trends.
BTC has broken 74,500. How to respond to the trend?
First, from a broader perspective, the bearish force continues. Although it broke 74,500 and rebounded today, this rebound is a normal occurrence. The ETH outlook remains bearish at high levels, with more short positions.
Long positions are at 2,065, aiming for an attack at 2,285; if it surges to 3,220 today, then take a short at 3,220. If it doesn’t reach a high, then short around 2,300 tomorrow.