The pullback above 100,000 has arrived as expected, how much more do the bears have?
btc, eth, bnb, sol
If you’re holding short positions, don’t send me screenshots. It's funny that some are still talking about rising volume; what does it mean to determine the trend first and then follow it? When the trend is wrong, they still look for excuses. Are retail traders still trading against the wind? The bears don’t take losses; the pullback will hurt you. I have been emphasizing one issue repeatedly in the short term: don’t go short, don’t go short. If you short, you must take losses. Can you accept the results?
Last night in the live stream, I made it very clear: currently, the market does not recommend entering short positions. I expect a bullish trend from 93,000 to 96,000 to 99,000. Currently, btc is at 104,000, eth at 2,450. This wave of bearish fuel has enough to burn. The bulls are setting sail. A mid to long-term holding process requires patience. Right now, don’t chase at high levels, even if the pullback has room above. Don’t let your long positions stay at the top of the mountain. If you can’t trade well, control your hands!
Currently, there is no resistance above, just see if the main force wants to continue pulling. Has the bull market really entered quietly like this? The naked K pattern also shows a cloud covering the top, with btc hovering around 101,500-102,000 long, 100,500 long. Focus on 103,000/104,500/105,500 above; eth 2,350-2,370 long, 2,300 long, with a defense at 2,290. The targets are 2,430/2,500/2,550. Manage your risk and position well.
Focus on the 90 trading system, avoid ambiguous analysis strategies, the dual contest of technology and news, the real game of profit and risk. See you every night at 9:20 in the live stream $BTC $ETH
