After Bitcoin reaches a high, how should one choose between long and short positions?

CN
1 year ago

Hello, everyone, I'm Lao Gao. We have laid out multiple bands in front of us, and in the afternoon today, we successfully took more than 900 points of space for the big cake, and more than 25 points of space for Ethereum. As we mentioned before, shorting the rebound has been validated. Currently, we have made a simple layout, with only a hundred points of space, and are still holding. For friends with empty positions, at the weekend node, observe the situation and remain unchanged.

On the four-hour chart, there is consolidation and accumulation of energy in the short term. After probing the bottom and rebounding overnight, there is a continuous upward trend near the middle track, with increased volatility. The bulls have broken through the key suppression area to reach near 28,000. This kind of oscillating rebound uptrend usually has strong continuity. Intraday attention is needed for the strength of the pullback. Combined with the hourly chart turning from consecutive negative to positive, enter the market at a single point with a short-term mindset still focused on short positions.

Bitcoin is suggested to short near 27,900-28,100 with a target of 27,100.

Ethereum is suggested to short near 1,590-1,600 with a target of 1,530.

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币安:注册返10%、领$600
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