There is volatility in store for Bitcoin and Ethereum, says Ilya, a crypto market analyst. The host of the \u041a\u0420\u0418\u041f\u0422\u041e \u0418\u041b\u042c\u042f | \u041e\u0411\u0417\u041e\u0420\u042b channel foresees a second correction wave for the two coins and has put forward some strategies to make a profit come what may.<\/p>\n
In Ilya\u2019s assessment, we are at a juncture where both are in a critical phase; the next week will be telling as to whether the uptrend holds or a further correction sets in. With Bitcoin, he sees $82,600 as an important resistance level, one that should not be taken for granted. A failure to get past it could see the price and other altcoins pulled back.<\/p>\n
Ethereum is another matter. The last correction did not see the long liquidity at $2,350 being taken out, which Ilya takes as an opening for more growth, though one should be wary in a bearish market.<\/p>\n
Traders who want to deal with the volatility of these assets can find some direction from Ilya. He suggests setting delayed limit orders on Dash between $47 and $44, provided Ethereum has dropped below its $2,350 liquidity level and stays there. As for GTO, a long at $0.4570 is his recommendation when a suitable entry presents itself. And if CashCat, the meme coin, goes below $0.10, it is worth considering.<\/p>\n
Ilya is quick to point out that one should not put all one\u2019s eggs in a single market basket and be ready for any eventuality. Macro forces can have their effect on Bitcoin and Ethereum volatility. A consumer inflation report or a statement from the Fed Chair could add to the swings in the crypto market. Then there is the risk of too much capital tied up in US equities; should artificial intelligence not live up to investors\u2019 expectations, a hard correction is possible.<\/p>\n
Those wanting to get to the bottom of the fundamental outlook are advised by Ilya to listen to his latest voice message on Telegram for a full rundown of what lies ahead.<\/p>\n
This article reflects the channel author\u2019s opinion and is not investment advice.<\/em><\/p>\n Every call by \u041a\u0420\u0418\u041f\u0422\u041e \u0418\u041b\u042c\u042f | \u041e\u0411\u0417\u041e\u0420\u042b \ud83c\udf4b and how it played out \u2014 in the BuyCrypt bloggers tracker<\/a>.<\/em><\/p>\n Source \u2014 \u041a\u0420\u0418\u041f\u0422\u041e \u0418\u041b\u042c\u042f | \u041e\u0411\u0417\u041e\u0420\u042b \ud83c\udf4b: https:\/\/www.youtube.com\/watch?v=HBM2K_-Umgs<\/a><\/em><\/p>\n <\/p>\n Sharpen your skills and test volatility strategies risk-free with our crypto trading simulator. Practice with trading simulator<\/a>.<\/p>\n <\/p>\n