On October 31, take profit on Bitcoin and Ethereum space positions, and continue to aggressively short for a pullback!

CN
4 hours ago

Currently, from the daily level perspective, Bitcoin has touched the previous high around 73800. Even if it breaks the previous high, I personally believe it will still pull back to support to gather strength before breaking through again. Therefore, I expect a retracement to the support level of 71500-70000. The current market has moved as expected, pulling back to support for a second attempt at the peak. The resistance level is still seen at the previous high of 73000-73800. As for Ethereum, it has shown a supplementary rise, with the current resistance level at 2700-2750 still valid. After testing, it has fallen back again, with support at around 2600. If it breaks below this, a new round of decline will begin. If it stabilizes above 2700, then it will continue to look up to 2877!

From the 4-hour perspective, both Bitcoin and Ethereum are in a situation of pulling back to support after a rise, attempting to reach the peak again. Currently, it seems that the peak has not been effectively broken. For tonight's operations, I still recommend continuing to short aggressively. The aggressive short position given last night has also successfully taken profit!

Trading strategy: Aggressive short!

Short Bitcoin at 72400-72800, target 71500-71000, stop loss above 73800;

Short Ethereum at 2690-2720, target 2650-2600, stop loss above 2750;

The strategy is time-sensitive, and specific guidance will be provided in private real-time!

Professional team gold medal analyst Ruo Yu focuses on contract trading guidance. Follow the WeChat public account "Coin Circle Ruo Yu" to understand real-time market analysis and trading strategies!

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink