Jin Zhu's Roar: Bitcoin 99,000 Must Crash! Tonight, Bears Sweep the Field!
#BTC Bitcoin
Jin Zhu's View: The Plunge Isn't Over Yet! Don't Rush to Catch Falling Knives!
After such a drop, bulls are too scared to enter the market. The price is being suppressed by all moving averages, typical of an accelerated plunge, and trading volume is still increasing! MACD and Bollinger Bands are lifeless, and bearish energy is overflowing! My judgment is that the low support before 99,000 will eventually collapse! If it really breaks, it will be an endless pit below. Even if it holds, at most it will be a weak rebound, and sideways wait for death!
Radical Strategy:
1. Want to catch the bottom and die? Test the waters at 99,000, increase position at 98,000 with a stop loss set at 500 points, if it rebounds to 101,000, then it's time to celebrate.
2. Follow me to short and make a profit! Open short at 101,000, add position at 101,500! Same 500 points stop loss, target straight to kill 99,500, if it breaks through 99,000, continue to add to shorts!
#ETH Ethereum
Jin Zhu's View: Huge Inertia of Plunge! Don't Believe in Nonsense Rebounds!
From 2880 it has halved to 2,155, now can’t even catch a breath! All indicators point to continued decline! 2,155 barely counts as support, but once it breaks, it's 2,000 seen! A small rebound during the day is purely a chance to hand over your head, I directly treat it as an opportunity to increase shorts! Really want to reverse? Unless it surges and stabilizes at 2,245, otherwise it’s all bearish traps!
Ruthless Operations:
1. Catching falling knives is certain death but you want to bet? Buy at 2,160, add position at 2,130. Cut losses at 30 points, target 2,230.
2. Short and pick up money! Direct short at 2,230! Boldly add position at 2,260! 30 points stop loss as a safety net, hitting 2,150 is the way to go! Break 2,155? Add to shorts fiercely!
Core Bold Summary:
Bitcoin 99,000 is just paper, countdown to crash! All Ethereum rebounds are bearish artillery! Jin Zhu's operation is just one word: Short! Short! Short! Bulls want to turn the tide? Wait until the price stabilizes at the pressure point before making any noise!
Follow me, let’s see through phenomena to the essence, and traverse the bull and bear market together.