Midnight BTC/ETH Market View:
In the evening, Huang Mao publicly called for the US stocks, once again transforming into a master of drawing lines. The US stock market is strong in the evening, driving the cryptocurrency market to rebound. The easing of the trade war is also a big positive. The hourly chart for Bitcoin has just formed a small double bottom at 98888, but is this the reversal? Are the bulls being a bit too optimistic? Where do we see bulls always crying and bears always laughing? Today's shorting is destined to be less smooth, and the bears face short-term being trapped, which is the norm. Let's take it calmly; the rebound is just picking up passengers. Currently, it is said that the market reversal is indeed a bit premature.
The day session gave a high short strategy, currently trapped, hold patiently, and do not blindly add positions or increase the position size. The hourly chart shows a fragmented upward trend, with prices pressing against the upper track. Midnight focuses on the 4-hour Bollinger middle track suppression at the 105600 line. If there are no short positions, consider high shorts around 104600 and 105600. If the day session has already gone short, wait to add shorts at 105600, with targets below at 102000, 101000, and 99000.
For Ethereum, pay attention to the 4-hour middle track suppression at 3560. If there are no short positions, one can participate in high shorts around 3480 and 3560. For those already short, manage the position well and add shorts at 3560. Those who feel they can't hold on with a large position should cut some of the position, aiming down at 3320, 3250, and 3180.
Just because we made money shorting before does not mean we can make money shorting every day. Being trapped is temporary; for those with large positions, cut losses on part of the position. If you lack confidence in the shorts, then stop-loss and exit. That's all for now. Today we had three live broadcasts; some can't hold on, good night everyone! #隐私币生态普涨
