I would like to share information with you about my trading strategies and observations in the cryptocurrency markets as of April 27, 2024. I would like to emphasize the importance of spot investments such as Bitcoin and Ethereum, which make up a large part of my portfolio. Market fluctuations, especially sharp declines, can present opportunities for spot investors, and these declines often provide a suitable basis for additional purchases.
Bitcoin is currently trading in the $62,000-63,000 range. Instead of expecting an immediate rise after the halving, I think the trend will move upward over time. In the short term, I expect BTC to rise to $64,000 and then drop to 61,000 levels.
In Ethereum, small increases continue to be seen after yesterday's rapid declines. In the short term, I expect Ethereum to drop to the $3,000 level and then hit $3,200 levels again.
While there are no shortages for spot investing, declines in futures can impact trading, so it's important to be careful. Trading futures with low leverage can reduce risk and provide further exploration opportunities.
As for Pepe Coin, it is a coin that provides confidence and fast money flow in the short term. I prefer spot purchases, not futures transactions. I believe it will see the 0.0000900 and 0.0001000 levels, where I expect sweet increases for today and tomorrow.
Finally, RNDR experienced a rapid decline from 9.7000 levels, but moved upwards during the day and reached an average level of 8.6700.
I am sharing this article in a way that will strengthen your trading and help you achieve profitable results. Being patient and making at least three reversal trades before making the right decision can be an important strategy. I'm waiting for your comments and feedback. I wish you good luck.
#Bitcoin #eterhum #pepe #RNDR $BTC $ETH $PEPE