Since my cousin shared the BTC short strategy on February 28, BTC has reached around the CME gap near 7.7 as I expected. After briefly dipping to 78270, it rebounded to 86550!
My cousin believes that this is just an oversold rebound and that we are far from the bottom. The Nasdaq still has 5% room to fall, and the bearish trend in March is still greater than the bullish one. We are doing a rebound, but don’t think of it as a bull return!
It will only be at the end of this month that we may see a breakout. I will gradually buy below 80,000, with 74,000 being a significant buying point, and then place a surprise order at the 71,800 dip!
There are quite a few bearish factors in March, such as tariffs and interest rate hikes, which are opportunities to drive the market down. Therefore, we should still accumulate positions at lower prices in preparation for an explosion in April!
Latest BTC/ETH strategy:
BTC 100X Short
87200
ETH 100X Short
2378