$BTC $ETH
Today I visited a friend's place in Shanghai to inspect some physical projects. I just had a bit of time to update the post and saw many fans losing a lot, and I also looked at last night's meeting. Last night, Powell spoke very decisively and seemed to want to smash Trump's safe, so he directly released the floodgates, causing a lot of chaos. Using the Pnut Neiro Act as a typical example, those who went up are now coming back down in double.
I also saw many bloggers getting criticized in the square. This is my first post of the day and I think I might get criticized too.
Looking at the situation now, Bitcoin at 100,000 is unsustainable, and Ethereum at 3,600 is also unsustainable. It is expected that there will be another wave of decline tonight. To maintain the bullish trend, there are certain levels that must not be broken. Just as I finished typing, Bitcoin broke 100,000 😓.
Bitcoin buy level: 95,000
Ethereum buy level: 3,440 or 3,360.
Doge buy level: 0.325
Personal situation:
I cleared most of my contract positions last night, still holding spot as the overall trend is still there. Yesterday, in the green bubble, I had a few people short Bitcoin at around 105,000. Let’s see how it goes by tomorrow.
Shorting is still not recommended, but one can place low bids for longs as the larger upward trend is still intact.