New week, the air force suffered a heavy blow, surging over 3000 points, be careful as the market is closely following the wash basin action!
This morning's surge successfully washed out 60% of the shorts, all converting to longs, and the remaining positions are negligible, also small positions. Be cautious as this could be the time to clean out the longs. Short selling remains the mainstream, and a correction is expected in the short term, with key resistance at 106600 and support at 103800. At the current stage, the current price of 105200 is recommended to enter, and if it rebounds to around 105800 during the day, one can short, seizing the opportunity for a pullback. If the downward momentum is too strong and breaks below the key point of 103800, it is not advisable to switch to a long strategy, but rather look down towards around 102500.
Ethereum is likely to follow Bitcoin's pace; the morning surge to 4000 did not hold above, and momentum has shown weakness, still looking for a pullback. The current resistance is at 4055 and support at 3850! Focus on shorting!
Short one hand near 4000 during the rebound, looking at 3900/3850. #加密市场狂欢 #ETH再度冲击4K #比特币战略储备 #BTC再创新高 #纳斯达克100指数宣布纳入微策略