Post
--Bearish
Crypto钟良
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BearishBitcoin's short at 70000 yesterday, Ethereum's short at 2100 can both be held. As mentioned last night, after adjusting to break even, continue to pay attention to the support levels of 67000 and 2000 below. If you are holding, you can continue to hold; if you have already exited, there is currently no opportunity to re-enter!
Bitcoin's lower upward trend line has not been broken yet, so shorting is not suitable. Shorting below 70000, while near the trend line support, does not have a high cost-performance ratio. At the same time, whether on the 4-hour level or the hourly chart level, the indicators show a bearish trend, so this position is also not suitable for going long. If after a long period of oscillation, grinding, and testing, it has not effectively broken down, then trying to go long again may have a higher probability of success, but for now, the time is not right!
In trading, many times it is not just about going long or short. Many retail investors often can't control themselves; when they see an empty position, they panic, fearing that the market will suddenly come, and they will miss the opportunity to get in. However, not getting in is much better than getting in at the wrong time! Not getting in won't make money, but getting in at the wrong time will incur losses! Some positions can only be observed and waited for. If it breaks down, then short; if it doesn't break and rebounds, then it should be a long. Most of the time is spent waiting and observing for the right entry opportunity…#特朗普希望尽快结束对伊朗战争 $BTC
{future}(BTCUSDT)
Bitcoin's lower upward trend line has not been broken yet, so shorting is not suitable. Shorting below 70000, while near the trend line support, does not have a high cost-performance ratio. At the same time, whether on the 4-hour level or the hourly chart level, the indicators show a bearish trend, so this position is also not suitable for going long. If after a long period of oscillation, grinding, and testing, it has not effectively broken down, then trying to go long again may have a higher probability of success, but for now, the time is not right!
In trading, many times it is not just about going long or short. Many retail investors often can't control themselves; when they see an empty position, they panic, fearing that the market will suddenly come, and they will miss the opportunity to get in. However, not getting in is much better than getting in at the wrong time! Not getting in won't make money, but getting in at the wrong time will incur losses! Some positions can only be observed and waited for. If it breaks down, then short; if it doesn't break and rebounds, then it should be a long. Most of the time is spent waiting and observing for the right entry opportunity…#特朗普希望尽快结束对伊朗战争 $BTC
{future}(BTCUSDT)