$ETH E Guard's Relentless Heart
Once a trend is established, it is difficult to reverse; every rally presents an opportunity for us to short. The last time we shorted from 2870, we made a profit of 300 points. This time it has again surged above 2600. Just when we were worried about not having an opportunity, today gave us a big surprise. For the bears, every rally of Ethereum provides a good opportunity for positioning because the nature of Ethereum is that hard resistance is only temporary, while soft support is the main theme.
After a day of this surge, E Guard may rise again. Many are actually stuck at 2700, not to mention those who are stuck above 3000. Every time the market is pushed up by the manipulators, it is a sell-off. This is reflected in the market as quick surges followed by declines. From Ethereum's weekly chart, it is even more obvious; how many needles have we seen? I advise E Guards not to stubbornly resist.
Returning to the technical analysis, there are resistance areas above 2600. Bitcoin has also reached near the 107 resistance area. Our mid-term strategy has been determined; regardless of how the market rebounds, we firmly short. The market law is that bulls are short-term and bears are long-term. However, due to the existence of contracts, manipulators will harvest up and down. What we can do is to stay firm, avoiding chasing highs and cutting losses.
The area above 2600 is our shorting zone. Those who are conservative can wait for a drop below 2600 and a failed retracement to enter again, or look for a high spike followed by a decline. Positioning advantage is very important.
Overall, there is only one choice: to short. It is impossible to go long; absolutely do not place buy orders. Being stuck in a short position may be temporary, but being stuck in a long position could be forever. Be patient! $BTC
Follow Baige and let's take down E Guard together! #Metaplanet增持比特币 #以色列伊朗冲突 #加密市场反弹
