The cryptocurrency price experienced a significant drop this morning, falling below 93,000. However, after briefly breaking 92,800, it rebounded. Ethereum dropped to around 1,750 before stopping its decline. The intraday strategy suggested a rebound for shorting, which perfectly aligns with market trends. Currently, Bitcoin has again fallen to around 83,600, and Ethereum has also dropped to around 1,750. If you have followed the short positions, there is over a thousand points of space for Bitcoin and over 50 points for Ethereum. It may be worth considering exiting!
Currently, U.S. stocks are trading lower, with the Nasdaq down over 1%. Therefore, the evening strategy remains unchanged: continue to ambush for shorting on rebounds! For Bitcoin, consider entering between 94,800-95,300, with a stop loss above 96,000, targeting around 94,000-93,500-92,800. If it breaks through, hold based on the situation!
For Ethereum, enter on the rebound at 1,800-1,820, with a stop loss above 1,850, targeting around 1,750-1,720-1,700. If it breaks through, hold based on the situation!
For long positions, you can focus near the intraday lows. If it breaks through, consider entering near 91,600. For Ethereum, consider 1,700-1,720, and if it breaks through, try entering around 1,650! Manage your stop loss according to your own position! For rebounds, gradually move your stop loss to protect profits!