The short selling strategy provided yesterday has fully completed profit-taking!
Bitcoin 84000 short, final target 80300 was successfully reached in the early morning, Ethereum 1900 short, final target 1850 was also successfully reached!
From the current perspective, the overall situation still revolves around box oscillation, and there has been no breakout in either direction in the short term. After the price dropped to a low point and found support early in the morning, it began to rebound, but the current price is facing upward pressure and stagnation.
At this current stage, our strategy remains unchanged. Since the box has not broken out, we will proceed with the strategy of buying low and selling high!
Bitcoin short-term resistance is at 82100-83000-84000; as long as these levels are not broken, we can short directly. Note that 82100 is a short-term starting point; if the price stabilizes here and continues to rise, we can look for a short-term long position up to 83000-84000 and then consider resistance for a reversal. Support should also be initially observed at 81300-80300!
Ethereum short-term resistance is at 1900-1930; similarly, if these levels are not broken, we can short directly. The short-term support below can be observed at 1850-1820; if it does not break down, we can look for a reversal upward!
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