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Early in the morning, several major institutions including Binance, Coinbase, and BlackRock simultaneously sold off Bitcoin, totaling over $3 billion. At the same time, crude oil surged to $118.
However, Bitcoin dropped to around $65,500, touching large buy orders' pending transactions, and Bitcoin began to rebound.
By midday, the market was quite responsive, reaching a critical level. In the short term, trading Ethereum based on Fibonacci support and the resistance of the long and short positions, especially near key levels we've played multiple times, broke through the long-short boundary line, going long. As a result, the market quickly rallied, and we made a good profit.
The RSI indicator strategies for crude oil and gold have been shared multiple times. Some followers of crude oil have enjoyed significant profits, and the best selling point for gold was when it touched 5200. Gold has not broken through 5200 multiple times; let's see what happens next.