Short-term changes in thinking lead to aggressive behavior that ultimately yields returns:
- The short position on Bitcoin successfully reached the 9.2-9.1 range, closing out a short position of 2000 points.
- The short position on Ethereum reached the expected intraday bottom of 3120-3100, closing out a short position of 80 points.
The expected pullback points have all been reached, and there is no need to hesitate; the left-side trading strategy can be initiated directly:
Support levels to look at from the bottom: 9.15-9.1, 3120-3100
In the first half of the night, confirming that support holds, a double bottom structure can form.
In the second half of the night, firmly hold positions, with this round of short to medium-term exits done in two batches.
BTC short to medium-term targets: 94000/96500
ETH short to medium-term targets: 3300/3400
Do not fear the current pullback strength; further deep pullbacks are meant to cause long positions to escape, ultimately leading to better upward movement.
After confirming short to medium-term holdings, the focus should be on the cycle support: 90000/3050
This column primarily shares insights on major cryptocurrencies BTC/ETH/EOS/XRP/ETC/LTC/DOGE. Follow the public account "Yanbi" to avoid getting lost and enjoy more service guidance.
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