Under the favorable stimulus of the Federal Reserve's 50 bp rate cut, the 62,000 position is obviously unbearable, but it is obviously inappropriate to chase more now. I will ambush short orders near 65,000❗
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LIVE黄粱一梦
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$BTC $ETH
Last night's market was another sharp rise and fall. It is too difficult to make a quick profit in the current market!
After the bitcoin price broke through 60,500, many people started to buy more, with the target at 62,000, and then they were trapped😓
All the fans who follow Lao Huang know that Lao Huang has said many times that 62,000 is the dividing line between strong and weak markets. Buyers are chasing 62,000, and short sellers are also ambushing near 62,000. It is a simple truth that Bitcoin will either pull back below 62,000, or directly pull to 65,000, pulling out the short orders at 62,000. This is the cruelty of the market!
As for the logic of the transaction, I have said it many times, Ethereum looks like it can’t survive, so it’s very simple “go long for the big pie, go short for the two pie”🤔
Last night's market was another sharp rise and fall. It is too difficult to make a quick profit in the current market!
After the bitcoin price broke through 60,500, many people started to buy more, with the target at 62,000, and then they were trapped😓
All the fans who follow Lao Huang know that Lao Huang has said many times that 62,000 is the dividing line between strong and weak markets. Buyers are chasing 62,000, and short sellers are also ambushing near 62,000. It is a simple truth that Bitcoin will either pull back below 62,000, or directly pull to 65,000, pulling out the short orders at 62,000. This is the cruelty of the market!
As for the logic of the transaction, I have said it many times, Ethereum looks like it can’t survive, so it’s very simple “go long for the big pie, go short for the two pie”🤔
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