Heavy suppression, can we quickly rebound after the market crash? Focus on short positions during the day!
Two waves of news-induced indiscriminate sell-offs have left the crypto community in despair. Waking up, everything has changed, and liquidations have occurred. Yesterday, all our long positions were profitable, and after reducing positions, we set stop-loss orders to secure profits. This way, the already profitable portions are safely taken, and the remaining positions aim for greater profits. Even if there is a sell-off, it doesn't concern us; we will exit at the break-even price by the end of the month. Everyone should be flexible in their operations, reducing positions in batches and taking profits in batches. Always respect the market and prioritize risk control!
Ethereum is currently at 2465, experiencing a corrective fluctuation. A large bearish candlestick has dropped, and MACD shows increasing bearish momentum, while KDJ has formed a death cross downwards. In the short term, the 4-hour chart is supported by the lower boundary and is rebounding. The upper resistance to watch is at the mid-line pressure level of 2525, while the hourly chart shows mid-line resistance at 2490. With dual pressures below, it may not be easy for bulls to push the price up suddenly. The bottom-buying army continues to arrive, so we will first focus on shorting based on the current resistance!
Strategy: Short at 2490 and 2525, with targets at 2420 and 2380, and a stop-loss at 2550
#加密货币市场持续震荡 #战火将如何牵动加密市场? #Tether否认调查和制裁 #年底牛还熊? $ETH