Brief analysis of lunch
The bull market fundamentals of the current market have not changed. Once the selling pressure in these aspects disappears, the market will soon resume its bull market trend.
If the current 4-hour level falls below the lower rail of the ascending channel, a bear flag pattern may be formed, so attention should be paid to the risk of further declines. BTC failed to hold the previous high after rebounding, and has now fallen below 61,000. If the 60,000 mark is broken, the short trend will continue, and the 58,000 line will be looked at for the time being.
BTC reference suggests shorting around 61,800, target 60,000, and defend 500 points.
ETH reference suggestion is empty near 3420, target 3320, defend 40 points
Regarding reducing or closing positions after being locked up, based on my experience, when we do such operations, we must be ruthless and decisive, especially in the unwinding trend. Many friends have this kind of operating experience. After being stuck, they look forward to getting out of the trap every day, and finally wait until one day to get out of the trap, but they are unwilling to give in. I have been taking it for so many days, but I still want to make some money. As a result, the best opportunity to close the position was missed. When the market re-entered, it was trapped again. In the end, he was completely desperate and lost confidence and was eliminated. This is the most taboo among the unwinding trends. #meme板块关注热点 #以太坊ETF批准预期 #VanEck提交首个SolanaETF #非农就业数据即将公布 #币安合约锦标赛 $BTC $ETH $BNB