Mingjie: It's been a day of emptiness and a day of relaxation. Looking for a rebound in the evening after the oversold conditions!

CN
1 year ago

Today, if we follow Mingjie's mindset, it will be another day of takeoff. This is not a random statement. We have been bearish these past few days. We gave a bearish signal in the morning, and the market started to fall back at noon. We took the first round of downward adjustment, and then in the afternoon, we advised everyone to go short again. In the evening, we once again took the second round. The market has been bearish all along, so should we continue to go short in the evening? You can take a look at the analysis later. Today, everyone also saw that we accumulated 2685 points in shorting BTC and 137 points in shorting ETH. In life, sometimes you need to bravely follow in order to meet a better self. Only by moving forward bravely can you achieve your dreams. Let's move forward together and create more possibilities!

The market has been oversold. Mingjie's view for the evening is that there will be a small rebound. Why do I say that? We can take a look at the hourly chart. The price has fallen back to the position of a previous support level, which is generally not simple and usually has strong support in the background. After the downward adjustment in the evening, there are signs of stabilization in the market. The 15-minute chart shows five consecutive positive candles, which means that institutions have entered here. A short-term small rebound is no problem, so the evening strategy can involve participating in a small long position.

For BTC, pay attention to the long position near 65200, with a target around 66800. For ETH, pay attention to the long position near 3280, with a target around 3355.

For more information, follow Mingjie's public account.

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