The early trading session saw some gains, but this is only a rebound trend and does not indicate a trend reversal.



Regarding BTC, focus on the performance in the strong resistance zone. The 88800-89500 range requires close observation. If it hits the 89000 level, consider short positions. The 90500-91500 zone is an extreme area; upon reaching this level, a decisive bearish move is necessary, with a stop loss set at 91800.

ETH trading strategy: A short position can be placed around 2980, and if you are not confident, you can also set it higher at 2990. When the price falls back to 3030, add to the position, with a stop loss set at 3050.

Several principles for executing the strategy: do not chase long positions, adopt a phased approach to building short positions, and do not open orders blindly before reaching the set levels. Once a position is established, strictly follow the stop loss plan. This approach can effectively control risk and protect trading capital.
BTC-0,21%
ETH-0,25%
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AirdropHunterXMvip
· 15h ago
Here comes the rebound to trap more retail investors, really a routine. But the logic behind the short at 89,000 is okay, just worried that a bunch of people will chase high up to 91,500 haha.
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WalletWhisperervip
· 15h ago
nah the whale clustering at 89k is too obvious, they're literally telegraphing the move... pattern recognition says this bounces harder than the analysis gives it credit for tbh
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BearMarketSunriservip
· 15h ago
Rebound, just rebound, don't think about turning the tide; short positions are the way to go. Hmm, this stop-loss is set a bit tight, will 91800 be easily knocked out? I already placed an order at ETH2980, just waiting to see if it can drop. I like the strategy of scaling into short positions; it's much more reliable than those who go all-in at once. If 89000 can really hold steady, then it's a miracle; the show is about to start again.
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FrogInTheWellvip
· 15h ago
Here comes the rebound again. What's the point of pretending? It's just going to keep dropping. I went short at 89,000 a long time ago, just waiting for this wave of sell-off. Placing an order at 2,980 is too conservative; might as well just go all in. Anyway, it will break through in the end, so why wait? The stop-loss discussion is pretty good. Previously, I didn't hold it, and those who went all-in got wiped out. Honestly, the stop-loss level at 91,800 is a bit too loose. My experience is to exit at 90,000.
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