How should we deal with the complex consolidation phase of BTC and ETH?

📊#BTC is in a complex consolidation phase📊

🧠We can see from the chart that we are performing complex consolidation in the parallel channel. In addition, at the end of the month and the weekend, the differences are very serious. The long and short sentiment has entered a white-hot stage, which means that our trading The difficulty has increased a lot, and if you don’t handle it well, your stop loss will be hit multiple times, so we should be more conservative in these two days. Be patient and wait for the big swings out of the divergence zone. 💥

➡️Currently, the upper resistance is around 60k-60.6k. Whether a breakthrough can be formed remains to be seen. 👀

➡️At the same time, yesterday’s short order hit breakeven after locking in the main profit. The order has been closed, making a small profit. We must learn to be satisfied during the complex consolidation stage. 💪

📊#ETH Ascending Triangle📈

😱When you wake up, the price is still the same, but your position is gone. If you look closely, you will see that it has been liquidated. So we must realize the importance of risk management. Unfortunately, yesterday’s short order was not triggered because the difference was 14 points🤷‍♂️

🧠The current market is still in a shock stage, moving back and forth between the resistance zone and the buying zone. We are now in the red selling zone and relatively close to the resistance zone above, so chasing the rise is unreasonable. From a pattern perspective, we have the opportunity to form an ascending triangle here, and if we continue to break upward, we can try to place some short orders after reaching the resistance zone.

Let’s see 👀

🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don’t miss out on any signals and analyze 💯