It's easy to go with the trend, but it's a mess against the trend. Now the bears are in full swing, just go with the trend and go short. Don't think about buying at the bottom, and then wait and wait, hoping that the result will be a new low. There is no bottom for the decline, just go short.
Market review: After the decline in the morning, there was not much rebound, only to the 68,000 position, and this rebound was obviously weak. The continuous decline, no obvious rebound, low sideways, obviously there is a second decline to continue, so continue to follow up the rebound high point to go short, that is, relying on the 68400/3840 suppression to participate in the second short, we choose to enter the market at the current price of 68000/3830. The price fell again in the morning, and the current lowest is 66850, and the short is once again controlled. Wei Yi does not procrastinate or shirk responsibility, only efficient execution.
From the K-line, the current relatively tortuous and weak market, rebounded first, making short positions more passive, and then fell again. At the same time, the data news of the US market also had an impact. Therefore, the current market is more obviously weak. Although the low position has stopped falling, the overall trend is relatively obvious, weak and downward. In the short term, pay attention to the strength of the rebound. If it cannot rebound effectively, the previous location will become the current reference point. If the rebound is under pressure, continue to follow the short position and look for a decline. If there is a rebound and break, make adjustments before the market opens.
On the whole, the main short position is in the day. Under the rebound pressure point, continue to follow the short position and look for a decline. The idea of big cake: short near 67600, look down to 66000; the idea of ether: short near 3690, look down to 3580$BTC $ETH #现货以太坊ETF获美SEC批准 #美众议院通过FIT21法案 #5月市场关键事件 #BTC #ETH