Successfully closed the short position at the current price in the early morning and took profit. Analysis of the subsequent trend and operational strategy!

CN
1 year ago

Currently, from the daily chart perspective, Bitcoin probed the 64000 level but still faced pressure and fell back. The daily closing price was near 62100, with resistance at 62000-63800 and support at 60000. Ethereum also probed the 3500 level but still faced pressure and closed below 3450 on the daily chart, with resistance at the 3420-3450 level and support at 3350. Looking at the 4-hour chart, after Bitcoin retraced following a second probe of the 63500 level, it is currently constrained in the short term by the 62500 level, with the next constraint point at 63500. As mentioned earlier, this could be considered a trend reversal signal. Once broken, the bulls will open again. Conversely, if the 60000 level is breached, the bearish trend will continue, with a temporary target of around 58000. Similarly, Ethereum is constrained by the 3450-3500 level, and a break below the 3350 level would signal a continuation of the bearish trend, with a temporary target of around 3200.

The current market has once again successfully met expectations. Short positions were established at the current price in the early morning, with Bitcoin shorted at 62000-62500, targeting 61000-60000, and Ethereum shorted at 3420-3450, targeting 3350-3300. All targets were accurately reached, and profits were secured steadily. Over 1500 points were gained from Bitcoin and over 100 points from Ethereum.

The strategy is time-sensitive, and specific real-time guidance is the main focus!

Ruo Yu, a professional team's top analyst specializing in contract trading guidance, can be followed on WeChat public account "币圈若渝" for real-time market analysis and operational strategies!

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