Daily Analysis of Cryptocurrency Circle (01.07)
Summary:
1. The US stock market opened higher and moved higher last night due to the news, and then the Nasdaq fell again under the pressure of the 20,000 level and the downward trend line, closing with a long upper shadow cross.
2. The US stock market is likely to open flat and move lower tonight.
3. The short-term risk of the cryptocurrency market comes from the US stock market, and the medium and long-term risk still comes from micro-strategies.
4. My personal average short position price is around 100,300, and I will continue to hold it.
5. The previous 4h-level rise, although the departure yesterday was a bit fierce, was actually within the expected range. In the past two issues, we have not completely denied the possibility of 102,000. Sol itself was relatively weak for most of yesterday, and the big cake also encountered resistance and fell back at 99,800. Later, Sol was affected by the news, and finally the big cake broke through 102,000 in the evening. Looking back at the past two issues, especially the last one, this possibility has been mentioned, and it has also been emphasized that the increase in sol will be a key signal. But in any case, the last 4h level should have ended on Monday.
6. Ethereum will be more entangled. Since the increase in Shanzhai and Sol is limited, the cost-effectiveness of shorting big cake will be higher in the future, and the support level can be broken to carry out rolling short operations.
Operation:
1. Take the short position of big cake again. If there is no short position at 102000, you can cover the short position at 102000. If the short position has been stopped out, go short at 101500.
2. After the big cake entity falls below the integer mark of 100,000, the short position of big cake will be rolled in at the same proportion. (For example, your position is 30 times of 2% short, and then add 2% position)
3. After the entity falls below 96000, the short position of big cake will be added in the same proportion. (According to the previous example, another 2%)
4. After the real price of the pie falls below 91,500, the short position of the pie will be filled in the same proportion. (According to the previous example, another 2%)
This wave of short positions can be rolled three times in total, and the real price break is the 4H level real price break.
