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08-04 Bitcoin and Ethereum are showing signs of decline, continue to short.

CN
海哥缠论
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2 years ago
AI summarizes in 5 seconds.

08-04 One Leaf Knows Autumn, Continue to Short.

Let's talk about the current market situation. From the structural point of view, it basically conforms to the judgment in yesterday's video:

After a rebound, open a short position, and the rebound position is roughly around 294-295.

Image

Yesterday in the group, we opened short positions according to the plan.

The target is to break through 28900, and it's not certain to drop below 28500, so short positions need to be reduced and half of the profits taken directly at 28700-28800.

Ethereum was also mentioned yesterday. The rebound to the range of 18500 to 18600 is the position for us to short, and it successfully reached the target position last night.

Image

The current target position for Ethereum is also to break through 1820.

The current strategy is to continue to short on rallies, and there are no conditions for going long.

Bilibili Video Analysis: 08-04 One Leaf Knows Autumn, Continue to Short.

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