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.