Market trend:
The current positions and handling methods are as follows: long BTC near 26500 (the main long orders at 26700-26800 on May 19 have all been closed), a moving stop profit was made near the live market price of 26900, and the remaining moving stop loss can be made at 26700.
ETH 1770-1780 long orders, 1755-1720 spot. The live market price is around 1815. The long orders are closed in batches. The cost stop loss is 1770. BTC may fall to around 26300. ETH is stronger at a small level. Therefore, after closing the profit in batches, either roll over the position or directly protect the principal. This is a more radical approach. The spot has been notified once before the shipment, and the remaining spot can also be closed at around 1770.
At the latest next week, the market will end the current range of shocks and enter a breakthrough market, so all small-level single points will be invalid. The current effective points are: BTC corresponds to 25250 in batches, 24000 in batches (including spot), ETH corresponds to 1755-1720 light position bottom-fishing, the rest is hanging 1660, 1520-1533 to take long (including spot). ETH does not short, BTC shorts focus on light positions near 28150, 28800-29000, with a 300-point defense profit and loss ratio of more than 1:1.
Cottage sector:
More than 80% of altcoins are just one 4-hour pullback or new low away. Keep waiting for opportunities.
(Personal opinions are for reference only and do not constitute investment advice) #BTC #crypto2023 #ETH #Binance #Web3
