How to say this wave of long and short conversion? After constantly taking short positions yesterday, the big coin suddenly experienced a rebound in the evening, which unfortunately hit our stop loss. However, this stop loss instead indicates that the bulls are starting to gain strength. We patiently waited for an opportunity; after a pullback, we directly entered a long position. Sure enough, the big coin gained strength again in the early morning, not only recovering losses but also yielding a small profit. This is the ability of a professional analyst to grasp the market. Do not fear stop losses; instead, treat them as a condition, understand why they occur, and thus better plan your strategy.
The daily candlestick of the big coin has a relatively small real body, with shadows on both sides, and is currently still in a low-level adjustment phase. The four-hour level trend is still contracting, with neither side showing significant continuity. The current coin price has been hovering around the middle track, and this rebound can be said to have curbed the momentum of the bears. In the morning, we can first plan for a pullback to go long.
Big coin long at 110800, watch at 112500.
Ethereum long at 4485, watch at 4560$BTC .