April 16th, Wednesday Hongding Trading Strategy:
Bitcoin was quite interesting yesterday, really making waves. After breaking 861, it continued to drop directly by about 300 points. Fortunately, I didn't chase the order and waited for a pullback to enter. In the end, I didn't make a profit and exited at breakeven. First, it dropped to the 845 line but did not break through, then it rebounded to the 853 line. I mentioned in yesterday's live stream that if it couldn't get above 853, it would directly break through the 845 line and move towards 830-835, which it reached today. Without further ado, here’s today’s strategy.
For Bitcoin, enter a short position directly in the 840-845 range, with a target towards 828-830, and if it breaks, aim for 818-820. The overall stance is to favor short positions, with a stop loss at 855.
For Ethereum, enter a short position in the 1580-1590 range, targeting 1500-1530, with a stop loss at 1620-1630.
This is the overall strategy for now; I will notify you if there are any changes. Everyone, please give Hongding more support with likes. Don’t miss the live stream at 9 PM every night! $BTC #比特币与美国关税政策 $ETH