Talk about why to gamble on long positions at 115200 and 4250
First, since the market has been in a downtrend from the white market and Asia market, Bitcoin has dropped from 117800 to 114800 and Ethereum from 4530 to 4228. According to the calculation point formula, we have already reached the estimated support position here. Additionally, the small-level pullback hasn't broken new lows and is instead slowly recovering and rising.
If we don't take a small stop-loss gamble here, then what are you waiting for? The daily level strong support position is not going to drop quickly. My short position at 4385 also gained about 140 points running at 4250.
Let me share a bit of my own trading experience. Many times, if it drops from morning to afternoon, there is definitely going to be a rebound in the evening. This time, let's first look at the rebound trend, with rebounds expected at 116500-117800 and 4350-4450.
If it breaks 117800 at 4450, then the market will likely have another rebound upwards, targeting 118500-119100 and 4530-4580.
Let's chat about the strategy during the evening live stream. $BTC $ETH