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4/23 Bitcoin (BTC) ETH Short Strategy Full Recap: Lock in High Levels and Capture the Room for Downside
Last night, we already made our thinking clear: Bitcoin in the 78,200-78,600 resistance zone, and Ethereum in the 2,410-2,430 resistance zone. Based on the premise of “a short-term pullback within an uptrend,” we went with the flow and took shorts.
The alert for entering short positions around the current price near 79,000 and around 2,420 also gave everyone enough opportunity to get in.
As market sentiment spiraled into panic, Bitcoin kept sliding down to 77,100, and Ethereum hit a low of 2,405. All of our short targets were achieved: Bitcoin took nearly 2,000 points, and Ethereum took 120 points in profit.
The core of trading is to follow the trend—only by making high-probability choices at clearly defined resistance levels can you steadily hold onto your profits.
Note: There may be delays in article review, and market conditions change rapidly. The above content is for reference only and does not constitute investment advice. Please manage your risk and do proper risk control.
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