Evening Operation Strategy on 5.8
- Short near 1004 for Bitcoin, with a stop loss at 1008. Looking down towards 980-972.
- Short near 1950-1980 for Ether, with a stop loss at 2020, looking down towards 1800-1750.
Personal suggestions are for reference only.
From over 90,000 to 100,000, the trend is extremely strong, and this is not closely related to news events. The market makers continue to manipulate, constantly trapping the shorts at the bottom. This time, the shorts at the bottom have really been fully squeezed.
Rumors are rampant, with many claiming it will rise to 120,000 and then pull back. But in reality, it can at most break through 100,000; the key is whether it can hold this position. The subsequent trend is still full of uncertainty. After the US stock market opens tonight, there will be a big drop; are you ready? Are your short positions still active? Anyway, I am still holding on.