2024-09-19 Today's Views Abbreviated Version
Hello everyone, I am your cat brother. I saw that the short orders opened at about 5 o'clock in the morning last night were all wiped out. But the loss is not a problem, it is within expectations. The left win rate is not good to begin with, as long as the profit and loss ratio is reasonable.
What you need to pay attention to is the big cake. If you want to maintain a strong long position, you can't fall below 61800. If you fall below it, friends who have multiple orders should pay special attention to the rebound in another 4 hours. If you can close above 618, you will be fine. If you can't close it, you have to be careful, the reversal may start here. Before it fell, there was still the expectation of interest rate cuts that could be used for speculation. This time it fell again, it was a state of "nothing to speculate", and there would be no more good news of equal influence to pull it up in the short term.
Then, the monthly line does not support prices above 65400, unless we can close the monthly line above 61476 this month, otherwise this 65400 will continue to suppress the price ceiling.
The left side does not support the logic of chasing the rise, and I do not support the view of chasing the current price. If you want to rebound, you should enter at 595 for Bitcoin, 127 for Sol, 2290 for Ethereum, and 529 for BNB in the early morning of today. That is the entry position on the left. If you don’t enter at that time, you can only wait for the retracement to enter the order on the left side.
Open shorts at the resistance level. Now it’s clear. 628-632 for Bitcoin is basically the limit. This position was actually mentioned two days ago, but it was not so high in the early morning of today. I didn’t expect to be attacked when I fell asleep. Sol’s position is 138-140, Ethereum 2420-2450, BNB 561-573. Try to enter at a high position.
Finally, you must bring a stop loss! You must bring a stop loss! You must bring a stop loss!