8.21 Midnight BTC/ETH Market Strategy: Bearish Continuation, Hold Short Positions Firmly!
The high short positions laid out during the day are still in hand, BTC short at 114500, ETH short at 4350, and profits are currently expanding, continue to hold down! Keep a close eye on the support below: BTC look at 112000 - 111000, ETH look at 4200 - 4100, if it can't hold, it will have a deep retracement; if it holds, then consider a small rebound.
Midnight Strategy: Firmly Bearish:
BTC: If it rebounds to 114000 - 115000, continue to add short positions, targets look down at 113000 → 112000 → 111000, no consideration for long positions for now, the short trend is not finished yet.
ETH: If it rebounds to 4300 - 4350 - 4400, then take a short position, targets look at 4200 → 4100 → 4000, similarly, do not take long positions, it’s more stable to short with the trend.
Someone asked, "Can we go long at a low to bet on a rebound and then short?" At midnight it's hard to monitor the market in real-time, my style is to win by going with the trend, hold onto the short positions and add to them, wait for a weak rebound to adjust the short positions; for those who haven't entered, short at the pressure points during the rebound, if not, we can discuss it again tomorrow morning, simple and direct~
Choose your own operation, I’ve laid out the rhythm, just follow the bears to profit! #BNB创新高 $BTC $ETH #名人MEME热潮 #杰克逊霍尔会议