Many friends are asking

Can I go short at the current point?

There are many people asking, so I will share my personal opinion

Currently, Bitcoin is fluctuating around 630, and Ethereum is synchronized

630 is an awkward position in my opinion

It is not impossible to continue to rebound and rise

After all, the bullish sentiment has been squeezed for a long time

If you still want to go short in the case of an upward trend

Then you need to find a strong pressure point to do it

As for why to find a strong pressure point

Of course, it is for your position

If it stands firmly at 63,000, it is likely to continue to pull up

If you want to go short, you can do it around 63,500

However, I remind you that if you go short in the case of an upward trend, the risk increases. Set a stop loss in advance, and don’t set the loss position too high. It is recommended to set a 150-300

The above is a personal analysis. You can decide whether to do it or not.