Immediate Stop Loss: Liquidate all long positions in the 2790-2795 range, exit at the pullback resistance level.
- Reduce spot positions to ≤30%, keep cash to wait for re-entry below 2700.
2. Hedging Plan:
Buy 2750 put options * duration 24h, or open short hedge positions ≤20% of spot.
For Those With No Positions
Short Selling Opportunity Limited to Experts:
- Short at the rebound to 2805-2810 with stop loss at 2834, target 2760→2720.
Bottom Fishing Waiting Zone:
Test 10% position at 2720, add 20% at 2680 weekly support.
Strictly Prohibited Actions
Counter-Trend Speculation RSI not bottomed <30 - leveraged long positions, MACD death cross period averages 24-48 hours.
Key Nodes in the Next 3 Hours
1. 09:30-10:00:
- If the rebound fails to break through 2800, confirm the downward continuation pattern.
2. Before 11:00:
- Observe if the BOLL lower band at 2752.13 can provide support.
3. Before CPI Release at 20:30
- Market liquidity decreases, volatility may increase, suggest pausing trading after 14:00.
On-chain data monitoring, real-time updates, net inflow of ETH to exchanges +18,400 ETH in the past hour, selling pressure increases.
Whale address transfers out: 0 signals of protective buying.
Long-short ratio plummets: from 4.8:1→3.2:1, some positions have been liquidated!
Conclusion Strategy Upgrade:
False breakout has been confirmed, short-term target 2720-2750, CPI data may widen the drop to 2650.
Rule of June 11:
All operations focus on defense, rebounding is an opportunity to reduce positions, keep enough ammunition to cope with CPI black swan volatility or exceed ±8%.
Friendly Reminder: Avoid bottom fishing in the early stage of MACD death cross, patiently wait for RSI(6)<30 panic signals expected during the European and American trading sessions.
For any friends who don’t understand, you can check my profile for the latest post; the analysis time was at 8:30 AM, the content took half an hour to write, just checked the market, everything is progressing as I expected, manage your wallet well to protect your assets!
My own short position at 2825 has already turned profitable, currently around 50 points, no need to exit, waiting for tonight’s CPI data, preparing to take a big position, also want to profit mid-month. 😹
