After a weekend of rest, the market surged directly at the opening on Monday. Let me put it this way, I think this rally is good for the bears. Don't be afraid of the upward movement. Bitcoin's key level to watch is whether it can hold above 905. If it doesn't hold, I will still choose to short. The next level to watch is 915. During the Asian and European sessions, look for a pullback first, and then consider going long during the US session!
After a cycle, Bitcoin has been oscillating in the 865-905 range, without breaking through this range. Even if it breaks, there is no continuation. In simple terms, it hasn't stabilized. Currently, the market started rising from 877 in the early session, reaching a high of 901. The key level to watch is still whether it can hold above 905. If it doesn't, I will short again. No matter what, I will choose to short once in the 90000-90500 range, targeting 89, 885, 880, 877, 873 sequentially. If the pullback doesn't break below 88000, then consider adding to the long positions.
Ethereum is similar. After breaking 2950, it has been under resistance at 2960 throughout the weekend without breaking through. It pulled back to around 2940 at the start of the session and then surged higher, currently around 3047. This kind of movement might need to push a bit further before pulling back. First, watch the previous high at 3076. If it doesn't break through, just like Bitcoin, you can choose to short briefly. Intra-day, consider shorting first and then going long!
Details will be discussed tonight. I closed my weekend short positions. Whatever happens, there's no need to hide it. See you in the live room tonight! $BTC $ETH
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Good afternoon everyone!
After a weekend of rest, the market surged directly at the opening on Monday. Let me put it this way, I think this rally is good for the bears. Don't be afraid of the upward movement. Bitcoin's key level to watch is whether it can hold above 905. If it doesn't hold, I will still choose to short. The next level to watch is 915. During the Asian and European sessions, look for a pullback first, and then consider going long during the US session!
After a cycle, Bitcoin has been oscillating in the 865-905 range, without breaking through this range. Even if it breaks, there is no continuation. In simple terms, it hasn't stabilized. Currently, the market started rising from 877 in the early session, reaching a high of 901. The key level to watch is still whether it can hold above 905. If it doesn't, I will short again. No matter what, I will choose to short once in the 90000-90500 range, targeting 89, 885, 880, 877, 873 sequentially. If the pullback doesn't break below 88000, then consider adding to the long positions.
Ethereum is similar. After breaking 2950, it has been under resistance at 2960 throughout the weekend without breaking through. It pulled back to around 2940 at the start of the session and then surged higher, currently around 3047. This kind of movement might need to push a bit further before pulling back. First, watch the previous high at 3076. If it doesn't break through, just like Bitcoin, you can choose to short briefly. Intra-day, consider shorting first and then going long!
Details will be discussed tonight. I closed my weekend short positions. Whatever happens, there's no need to hide it. See you in the live room tonight! $BTC $ETH