Everyone, how do you respond? It's not that I like to short or only short. Now is a more suitable time to short at high levels! Just look at everyone's emotions now; those who are bearish are not being taken seriously, not recognized or accepted, but rather faced with the most opposition. During that period of extremely strong rise before the beginning of last week, there was indeed no temper to short at all. However, in the past seven days, just look at the daily chart, it's a high-level consolidation, with quick pullbacks of at least 3000-5000 points appearing multiple times. How can one not make money shorting in this situation, and it happens quickly as well. It also indicates a shift from the previous strong one-sided rise to high-level oscillation and repair, and after some more consolidation, a pullback trend will begin for a period of time. Therefore, recently, I would rather short whenever there is a rebound and try not to blindly chase longs.
When the time comes to go long, that's fine too; I'll notify you again at the pullback support, just like last week, where both longs and shorts could profit.
Someone asked: Why didn’t I send stop-loss levels for my suggestions yesterday and today? Yes, I currently have no intention of stopping loss while shorting! Shorting around 91000, 90500, or 91800 is fine, at most it may spike to 92400 like today, but it has already pulled back now, firmly shorting is the way to go.
Current price 91000 still shorting, directly shorting is fine, adding to short positions is also okay!
Ethereum: It’s still fine to short whenever there is a rebound, all profits, even stopping losses is difficult.