11.20 Ethereum Short Key Level Reminder
Once the decline begins, the waterfall of Bitcoin, the collapse of Ethereum, and the plummet of altcoins. This can basically wash out the retail investors completely. When we notice that retail investors are afraid to hold long positions or their long positions are decreasing, this is the time for us to truly use contracts to test the waters. Retail investors are often harvested when they are excited and euphoric, and after being completely harvested, they will lose confidence in the market and hesitate to chase the rise. When they are hesitant to chase the rise, that is when we can continue to hold long positions.
For the Ethereum range of 3260-3350, directly increase the short positions in batches at this level. If you haven't established a basic position, then enter the market at this level. When Ethereum reaches this level, we can short Bitcoin together, without needing to refer to where Bitcoin is. Our short position this time is mainly based on the high level of Ethereum.
