Gu Yue: The bulls have been dominant for a long time, and it's time for the bears to come and shake the market.

CN
谷月
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1 year ago

Good evening everyone, I am Gu Yue. It's been a long time since I last published an article, but I have been keeping a close eye on the market. Recently, the bulls have been very strong. Bitcoin has surged above 65,000, and Ethereum has reached a high of 2,700, currently at a high level. It is not advisable to continue chasing the long position as the bulls are approaching their peak. Currently, there is no upward momentum, and the opportunity for shorting has arrived. If you need to take action tonight, focus on shorting. Without further ado, practice is the only criterion for testing our correctness, and we leave it to time to judge whether we are right or wrong.

Currently, the KDJ has formed a dead cross, and the red energy column of the MACD is gradually decreasing. A waterfall is expected tonight, so everyone should seize the opportunity. There are many opportunities, but what's important is how to seize them. Many small coins like SOL reached a high of 158 tonight and are currently stabilizing below 155. There is still a lot of room for downward movement. Don't think that just because it's rising now, it will continue to rise. This can easily lead to being trapped at a high level.

Recommendations for tonight:

  • Target 63,000 for taking profit and exiting near 65,000 for Bitcoin.
  • Short with a target of 2,580 for taking profit and exiting near 2,640 for Ethereum.
  • Short with a target of 148 for taking profit and exiting near 155 for SOL.

In the long journey of life, there are countless investment choices, but only a few crucial steps. Different choices may determine different paths in our lives. I interpret world economic news, analyze global investment trends, provide daily market trend analysis, trading strategy guidance, and offer professional investment consulting and services to help you reach the peak of financial management.

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