The recent pullback of the Bitcoin has been sideways instead of a decline. Structurally, 107,000 is likely to become a new starting point for an upward movement. We have a short position around 108000, and we can exit around 107700 for now, as the structure has changed. Retail investors have no one to take over, and all short positions must be squeezed to allow for a decline. The intentions of the main players are already very clear on this side. Don't panic, there is still another opportunity for a pullback. This means that short positions should exit first, creating an opportunity to go long. nnd, brothers, after being in the air force for three days, I am going back to my old company. When I called the Ether point, it was around 2520, and it could be sold at 2480 or even 2500. Focus on structure, don't be greedy for such a small amount. The Ether position is between 2450-80, which might be the starting point for a new round of increase.
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IWon_tStopUntilIMak
· 05-26 16:50
The Ethereum range is quite large, with a minimum of 2420 to go long, and there's a high probability that this long position will be trapped for a while.
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IWon_tStopUntilIMak
· 05-26 16:50
Change to starting rise position of 106000
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Black
· 05-26 10:51
Is the long order for BTC positioned around 107700?
Talk about the structural issues:
The recent pullback of the Bitcoin has been sideways instead of a decline. Structurally, 107,000 is likely to become a new starting point for an upward movement.
We have a short position around 108000, and we can exit around 107700 for now, as the structure has changed.
Retail investors have no one to take over, and all short positions must be squeezed to allow for a decline. The intentions of the main players are already very clear on this side.
Don't panic, there is still another opportunity for a pullback. This means that short positions should exit first, creating an opportunity to go long.
nnd, brothers, after being in the air force for three days, I am going back to my old company.
When I called the Ether point, it was around 2520, and it could be sold at 2480 or even 2500. Focus on structure, don't be greedy for such a small amount. The Ether position is between 2450-80, which might be the starting point for a new round of increase.