5.16 Early Morning Thoughts
From the current market trend, the short-term rebound momentum is clearly insufficient, and multi-dimensional analyses including technical indicators and fundamentals all show a bearish dominant trend. Therefore, during the early morning trading period, I remain firmly committed to a strategy of shorting on rallies.
Bitcoin Trading Strategy: Short on a rebound around 104300-105100, targeting around 102500
Ethereum Trading Strategy: Short on a rebound around 2610-2640, targeting around 2540
From the current market trend, the short-term rebound momentum is clearly insufficient, and multi-dimensional analyses including technical indicators and fundamentals all show a bearish dominant trend. Therefore, during the early morning trading period, I remain firmly committed to a strategy of shorting on rallies.
Bitcoin Trading Strategy: Short on a rebound around 104300-105100, targeting around 102500
Ethereum Trading Strategy: Short on a rebound around 2610-2640, targeting around 2540
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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