Hey brothers, let's talk about the market
Currently, on the four-hour chart, we can see that the EMA and MACD confirm a death cross, indicating a bearish pattern. At the same time, both the Bollinger Bands and EMA show a bearish arrangement. At this point, we should follow the downtrend and take a short position. So for those who set a high short position a few days ago, just hold on tight.
Next, let's pay attention to the liquidity below. This wave of decline should, in theory, test the support around 106300 to absorb liquidity.
Therefore, we can set a short-term long position between 106345 and 105950, aiming for a rebound of over a thousand dollars, and then switch to a short position.
Yesterday, I had a long position between 2487 and 2454 for ETH in the group, but unfortunately, I couldn't catch the second point, though it still yielded more than double the profit.
So today, the plan is to primarily focus on short-term longs, and after the rebound, take a high short position.
BTC: Long at 106345–105950, stop loss at 105500
ETH: Long at 2468–2440, stop loss at 2425
For the contracts, 125x leverage, take profit after more than doubling.
Then let me boast a bit about the high short ETH from a few days ago, which peaked at 2734.3. I told the brothers to set it at 2734, and it was very precise, allowing for a profit of over 1000% at this point.
Lastly, a little advertisement: for those brothers and sisters who haven't bound their rebate, feel free to reach out to me, and I will also give away big gift packs.
Finally, I wish everyone prosperity $
