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April 22 Afternoon Bitcoin and Ethereum Latest Ideas and Analysis
Friends who are caught in short positions, don't panic first. Currently, the market is full of news about a "bull run," but we must hold onto our beliefs — at this time, a true bull market cannot really have started. Looking back, Bitcoin rose from 74,779 all the way up to 78,447 in the morning, while Ethereum followed Bitcoin's trend from 2,285 to the current high of 2,414. So, the short positions that Lao Lei arranged for everyone yesterday were also hit and stopped out. Fortunately, in the evening, we set proper take-profit and stop-loss levels, so we weren't caught too deep. If some friends are caught in deep short positions, they can consider slightly raising their average entry price at the high points. The bear market is still here; that's all I have to say. Everyone, think carefully.
Afternoon Trading Strategy
Go short at high levels
Around 78,000 for Bitcoin can be shorted, target 76,000
Around 2,400 for Ethereum can be shorted, target 2,320
K-line Hunter Lao Lei