The short position ideas shared yesterday have successfully completed profit!
Yesterday, Bitcoin prompted 66200 short positions, and Ethereum 3330 short positions were all entered. The price reached the highest near the four-hour MA60 moving average, and no opportunity to cover the position was given.
Currently, Bitcoin short positions have made a profit of more than 2,000 points, and the empty positions have made a profit of more than 100 points.
From the current trend, Ethereum has continued to fall below the lower track support of the Bollinger Bands in four hours and is in a broken state. Bitcoin continues to fall in four hours, and there is still a risk of further decline in the trend.
Bitcoin four-hour MACD short energy column continues to run in large volume, and KDJ three lines are parallel, with initial signs of stopping the decline. , the hourly level of Ethereum has recovered, and the current focus is still on the recovery of the four-hour level. The price of Ethereum below the daily level has touched the current Fibonacci 0.5 support of around 3170, so a short-term rebound can be seen in the white market.
Currently, all short orders that have made profits can be exited. In the white market, you can pay attention to the bottom support and the recovery of the four-hour Bollinger band to try to see a short-term long order.
The current price of Bitcoin Ethereum can try to open a long position to see a rebound. The target for Bitcoin is 500-800 points, and the target for Ethereum can be 40-60 points.