After a rebound in the early morning of the 28th, the market fell again. Before the decline, I also analyzed the market trend with you through a blog post and gave you a specific strategy layout. Bitcoin is shorted anywhere in the 30700-31000 range, with a target of 29500. It fell to a minimum of 29800 in the early morning of today. Although it is still a little short of our target position, there are still more than 700 points of gains. Ethereum is shorted anywhere in the 1900-1920 range, with a target of 1830. It fell to a minimum of around 1811 in the early morning. The target position was reached, and 70 points of space were taken. The strategy was given to everyone, and I don’t know how many people followed and made money.
After the short position was harvested, the short-term rebounded again. If you need to operate Ethereum at noon, you can do short-term long and then short Ethereum. The current price is around 1830. Go long at 1880-1900. After the long position is profitable, arrange short positions again. The target is 1830-1800. Do a good job of risk control and reserve space for replenishment.
For the current price of Bitcoin, we can go long at around 30100 with a target of 30800-31000. After making a profit from the long orders, we can go short at 29800-29500. We need to do a good job of risk control and leave room for replenishment.
If the short position of Bitcoin 31000 fails to stabilize, you can keep holding it. If the Ethereum 1930 fails to stabilize, you can keep holding it. There is no problem with the short position. After the long position makes a profit, you can exit the market according to your own situation. #BTC #ETH
