Some ideas about whether to short when the market weakens‼ ️
We all know that Ethereum arranged a long order yesterday📈Bitcoin hit 65800 and took a wave of profits, but Ethereum's trend is very weak
Then some friends will wonder whether to short at this time. At present, I am paying attention to the pressure level above 2700, and recently it is also 2720-2790⚠️
Why is the trend of 2600 so weak and not continue to short in the 2600 area🤷♂️The main reason is that we have publicly done many times the pressure level of 2680 in the 2600 area, Bitcoin After the coin breaks through the new high, Ethereum actually has the risk of rebounding at any time. If you go to the 2600 area to short, the risk will be very high. You should prevent Ethereum from rebounding to a higher pressure level and arrange short orders. I often say that trading is about how to arrange stop loss reasonably. It is obviously unwise to set the stop loss to the 2600 area to short. 🤷♂️
