Looking back at some recent paths:
Looking at the range of BTC 86,000 and ETH 2,800;
Additional outlook at 87,600/2,930;
RIV looking down to 50 from 77;
HY part near 90,000/3,020.
It can be said that the insights into market depth and risk management are extremely precise, but in the past two days, I still found a problem: most friends remain impatient with their operations in the fluctuating range. This is unavoidable, as most people are still just "speculators" and find it hard to maintain composure like I do, viewing floating profits and losses with a long-term value perspective. Therefore, considering that the market has not yet exited the fluctuation center, recent updates will focus primarily on intraday movements.
Looking back at the current trend, the concerns from early morning indeed materialized. After the big coin formed a daily candlestick cross, the smaller structure quickly reversed, falling to 87,700 before starting a short-term upward fluctuation. The altcoin also fell in sync, with a stronger pullback than the big coin, dropping to a low of 2,922. To conclude: the risk of a pullback remains significant, but if the big coin gains trend support, we still look upward.
Thus, for today, we still prioritize looking upward at the support level of 87,900-87,300 for the big coin, and for the altcoin, we set a range of 2,900-2,925, with a slightly tighter stop loss. The target is set at 89,100-89,800 for the big coin and around 2,970-2,990 for the altcoin, at which point we can consider reversing the position.
For consultation and communication, follow the public account: Li Mu has something to say
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