Thursday Night Jing Yi's Trading Strategy Analysis


Bitcoin and Ethereum continue to weaken, moving sideways then downwards, with a lack of rebound and lower highs, dominated by bears.
Intraday high-altitude short strategies are all in place.

The market accelerates downward, sentiment remains bleak, with weak oscillation within a range; my personal view is that there may be a false breakout at the previous high of 760 or around 780-790. If there is an opportunity, it’s necessary to short on rallies.
The first support is near 728, which is a good low-entry point.
Tonight’s overall rhythm still revolves around shorting on rallies.

Trading Recommendations
For Bitcoin, short in the 748-755 rebound zone, targeting lower levels at 738-713.
For Ethereum, short in the 2350-2375 rebound zone, targeting lower levels at 2318-2200.

Be sure to control your position sizes.
Finally, I wish everyone successful trading. #GatePreIPOs首发SpaceX
BTC0.24%
ETH-1.09%
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