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Day 36 of San Shi's Notes: Do not chase the Rebound.
#参与创作者认证计划月领$10,000
The current rebounds are all traps.
In the morning session, there was a rebound to induce more buying.
ETH 4-hour chart is steadily under pressure,
The levels of 385 and 3700 were quickly broken.
If you only look at the 4-hour chart,
It has formed a bottom near 3700 points five times.
Is it really building a底?
When it falls,
Inertia will penetrate to 3200.
Two补仓 were made in the wrong direction for long positions.
The short position at noon has already experienced a certain decline.
The trend is still downward now.
Let's witness the power of inertia together.
Although the money is small, a principal protection line has been set.
The feeling of making 3 million dollars from a 300 dollar trade.
Good luck to those who see it.