Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The overall trend is bearish, are you still firmly going long?



The path to success is destined to be lonely, and reverse trading is bound to be questioned! A clear signal in the overall direction tells us to go short!!!

When you are still hesitating on the way to go long, why has the direction reversed and you cannot retreat in time? The first reason is a fatal flaw: you dare not admit your mistakes in understanding trading. What kind of panic or fear are you facing?

You are looking at the present moment, while I provide you with the overall direction. During the session, I clearly indicated to short at the high pressure level. Bitcoin short entry on Monday at 95000, with a minimum drop to around 92000, providing a 3000-point space for the short position. Ethereum at 3180 short, with a minimum drop to the 3000 level, providing a 180-point space.

On Tuesday, the market still shows a go short trend. Bitcoin is bearish at the 92000 level. After-hours trading in the US stock market dropped to 89500, a decrease of 2500 points. Ethereum is bearish at 3050, with a space of over a hundred points.

On Wednesday, another short signal was triggered, with Bitcoin pulling back to 92800 to go short. From a short-term perspective, the pullback continues, dipping down to the 90000 level, with shorts gaining 3000 points. Ethereum is looking bearish at 3150, down another 100 points.

On Thursday during the day, the strategy continued to treat Bitcoin with a bearish outlook. Bitcoin entered short positions at 92800, and during the session, it tested the lows again, retracing to 88600, resulting in a total of 4000 points. Ethereum is bearish at 3150, capturing a space of 200 points.

So this morning there was a hint that Bitcoin was mainly focused on short positions, and during the day the market broke through the bottom support again, dropping to our short position at the 80000 level. Overall, this round of short decline has completely followed the expected trend. Looking at Bitcoin on a larger scale, it has dropped nearly 14000 points, while Ethereum has dropped nearly 600 points.

The unilateral pattern can also be said to be realized. In this kind of market, the direct position adjustment is also in accordance with our previous position adjustment plan. Currently, everyone can look back and see how much profit you have locked in your position, and whether you have kept up with Meng Ziqing's pace👣#当前行情抄底还是观望? .
ETH4.2%
BTC5.61%
View Original
post-image
post-image
post-image
post-image
post-image
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)