Why do we say that these currencies can be shorted?
Bitcoin's callback is about to begin. If Bitcoin callbacks 20%, the altcoin will be in a terrible state.
1. Let's talk about ($ADA) first
Don't just look at its sharp rise today. The key pressure level is 0.874. You can open positions in batches and hold short positions at present. The leverage is controlled at (2-5 times). It doesn't matter if it breaks through 0.874. It mainly depends on whether the "real box" of the daily closing line of the positive line is truly broken through. If it is a breakthrough, then leave the market. If it is not a breakthrough, you can refer to the "second left" pattern. When you see it near 0.65, the profit and loss ratio is relatively considerable, but you can't hold a heavy position either.
2. Short view on $PEPE
Frog is currently in a bullish pattern, and can also start to build positions in batches. If the two cakes rise, Frog will most likely not follow the rise too much, because there are more long data. Considering that the big cake may be close to 94500-95000 and then start a real callback, then Frog may not follow the rise. This situation often occurs when the two cakes are in the top pattern. If the two cakes rebound at the bottom, Frog will most likely follow, but at the top, it is necessary to consider the long and short data.
3. Short view on $SOL
First of all, the popularity of this currency is unquestionable. It is because of its unquestionable popularity and the well-known boiling that it is time for us to be bearish. But what we need to know is that in the case of the top form, we need to prevent the short position from being thrown off the car by one hand and then falling back, so we can only use batch positions. And after the real bull market in 21 years ended, SOL was in the bottom form, basically no one cared about it. When the trading volume and position were very small, it began to gradually pull up. Those who have entered the market for more than six years should know whether SOL is the same as everyone's expectation. If the big cake wave starts to pull back, how much will SOL fall? Once the big cake fell by 10%, it made a 50% drop.
The above content belongs to the personal opinion of the Golden Turtle Hot Money, for reference only, and should not be regarded as investment advice.