10.26 Ethereum Accumulation Reminder

10.26 Short Position Accumulation Reminder

Wait for around 2600 to add to positions, first target area 2020/2050, second target area 1800

The current bottoming phenomenon is likely a trap for bulls, and a breakout above 2800 will only be possible after thoroughly clearing out long positions. To fully liquidate the bulls, we need to reach around 2020 at the very least. Once we get close to 2020, a rebound to entice the bulls is likely, followed by a continued approach to 1800, where we can expect some fluctuations before moving upwards.

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Trading is about understanding “human nature.” The leverage providers can “paint” the K-line chart however they wish.

The above content reflects the views of Jin Gui Speculation and is for reference only; do not consider it as investment advice.
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