Have a great weekend, guys. The overnight market movement wasn’t very significant, so we can expect similar conditions over the next two days. For BTC, focus on the range of 663–673; for ETH, 2035–2075. Intraday trades can be positioned around these levels—longs near support, shorts near resistance. If the price makes a sharp spike or moves strongly in one direction, use last night’s resistance and support levels to enter in tranches with light positions. The swing highs and lows on the daily charts for BTC and ETH are gradually declining—any upward move should be seen as an opportunity to initiate short positions. If another weekly-level downtrend kicks in, we could be in serious trouble!
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