If you have Ethereum, just short it; enjoy the drop and come back to find me.
Look for Ethereum around 1750; if it falls below, continue holding the short position.
Bitcoin continues to fluctuate, what should we do next?
Bitcoin is still in a fluctuation phase, with hundreds of points of fluctuation, but a bearish trend has appeared on the four-hour level. If Bitcoin falls below around 92900, it will start a daily level correction, and the decline will accelerate. The range of Bitcoin from 88500 to 91900 is a zone for quick rises, and if it falls, this range is also very likely to experience a rapid decline.
The short positions around 95500 in the community took profit around 93800 yesterday, so there should be some pork knuckle rice.
Ethereum has also weakened, unable to rise above 1850, and the longer it stays horizontal, the greater the probability of a decline. During this time, you will find that shorting Ethereum at high positions is not wrong; at most, you will be briefly stuck, and as long as you don't short at the bottom, there is room for profit, with 30 or 50 points being no problem. If the market hasn't moved, don't get too ambitious; don't just aim for a few hundred points.
Today's resistance for Bitcoin
Around 95800
Today's support for Bitcoin
Around 92900
Today's resistance for Ethereum
Around 1850
Today's support for Ethereum
Around 1780
If you have any questions, feel free to leave a message in the comments. #美国众议院市场结构讨论草案 $BTC
Bitcoin is still in a fluctuation phase, with hundreds of points of fluctuation, but a bearish trend has appeared on the four-hour level. If Bitcoin falls below around 92900, it will start a daily level correction, and the decline will accelerate. The range of Bitcoin from 88500 to 91900 is a zone for quick rises, and if it falls, this range is also very likely to experience a rapid decline.
The short positions around 95500 in the community took profit around 93800 yesterday, so there should be some pork knuckle rice.
Ethereum has also weakened, unable to rise above 1850, and the longer it stays horizontal, the greater the probability of a decline. During this time, you will find that shorting Ethereum at high positions is not wrong; at most, you will be briefly stuck, and as long as you don't short at the bottom, there is room for profit, with 30 or 50 points being no problem. If the market hasn't moved, don't get too ambitious; don't just aim for a few hundred points.
Today's resistance for Bitcoin
Around 95800
Today's support for Bitcoin
Around 92900
Today's resistance for Ethereum
Around 1850
Today's support for Ethereum
Around 1780
If you have any questions, feel free to leave a message in the comments. #美国众议院市场结构讨论草案 $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
1,826.18
+3.42%