2024.5.8 Morning Market Sharing
Today's Direction: Continue to Short at Highs
BTC short to 61500-62000, shorts should pay attention to stop-profit in batches; this area has support and will rebound.
If Bitcoin falls, then Ethereum and other altcoins will follow suit. The support below Ethereum is between 2955-2980. This support range may not fall directly, but will rebound, and then fall several times in a row. The support below is around 2825.
BTC short position focus: 63000~63500
ETH short position focus: 3044~3085
For reference only, if you have any questions, you can find Brother Ming!