Tuesday, the momentum is still relatively strong, and it’s more stable to short first and then go long within the day



Recently, the news has become increasingly frequent and confusing. Yesterday, Iran claimed to have launched two missiles that hit a U.S. warship, but later the U.S. issued an urgent denial, saying it didn’t happen. Both sides have been in a tense tug-of-war. From a technical perspective, the trend is heading north and strengthening, but it’s also approaching a resistance zone. Before an effective breakthrough, avoid chasing high and then getting a sharp pullback to shake out traders. Our first choice is to be more cautious at higher levels. During the U.S. session, if a low point is reached, don’t panic to buy more; chasing high directly is very easy to get caught at the top. Resistance levels are concentrated at 81,500/82,500, with support at 79,500/78,400. For afternoon trading, it’s recommended to first short, then buy after a pullback.

Bitcoin: Refer to short at 81,000-81,500, add positions near 72,500, target 78,800, go in lightly

Ethereum: Refer to short at 2,390-2,420, add positions near 2,465, target 2,320, go in lightly

The risk of chasing high now is too great, but even if you get caught after shorting at high levels and add positions, it’s easier to exit. This logic must be understood clearly. As the saying goes, when others are greedy, I am fearful; when others are fearful, I am greedy. Once the short squeeze and rally collapse, it could wipe out a week’s gains in just two days. Think about it carefully! #美国寻求战略比特币储备
BTC1.47%
ETH0.79%
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