Cryptocurrency contract trading is a game with yourself; greed and fear are your greatest enemies🔥 Don't fantasize about "holding on a little longer" during a price surge, and don't panic and sell at a loss during a price drop— the market has its own way of dealing with all kinds of disobedience. Accepting losses is a necessary lesson; after a liquidation, don't rush to retaliate by increasing your position, first calm down and review the situation. Remember: you should wait 80% of the time; enduring loneliness can help you seize real opportunities. Don't let the dream of sudden wealth destroy you; going all in may feel great for a moment, but it can lead to a total loss. Last night, the coin price started at 93,500 and reached a peak of around 94,500 in this one-sided rise of 1,000 points; our long positions successfully exited as well. There’s never been any hindsight; strategies are always provided in advance, and real trading is the key; every type of confidence has its own approach. Currently, the coin price has pulled back to around 93,600.
From the current trend, the coin price is struggling to rise; my dream work is facing resistance around 95,000, proving that 95,000 is still a key breakout level. If it breaks above 95,000 in the morning, there could still be a chance for a significant increase. However, it’s quite clear that from the hourly chart, a time lag is about to form, and the bullish candles are continuously shrinking, indicating that the bears are about to take over. The energy for the bulls is also gradually weakening. The bullish momentum released this morning is insufficient; the safest approach is still to short at high levels.
Bitcoin strategy: short near 94,000, target 92,500
Ethereum strategy: short near 1,805, target 1,750
