🔴|BTC Evening Thought Analysis ————————————————————
After fermenting for a few days after CPI, the market is gradually repairing upwards. Among them, Ethereum's upward repair outperformed BTC, but after all, ETH's price is close to being cut in half. BTC has only pulled back 10% from its high point.
I waited for two days but didn't see any useful signal indicators, so I waited for two days. Now BTC's two-point long order stop-profit signal is also a signal to enter the market for short selling.
1️⃣BTC 4-hour Vegas channel contacts the price. If you know this channel and have reviewed the market, it is clear that there is often a high probability of a decline at this time.
2️⃣BTC hourly chart double tops gradually form, the right hill is lower than the left peak, and the liquidity is low on weekends, which requires time to ferment.
However, ETH just had a big dive, and the support that had been horizontal at 2692 for a whole day was broken, and it instantly plunged to 2655. Instantly exploded the long orders with high multiples and large positions. Don't think that there is low liquidity on weekends and the market is slow, so stop loss is not set.
Always set a stop loss, and adjust the stop loss upward when there is a floating profit to protect the principal. #加密市场反弹 $BTC
$ETH
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