If a major bullish candlestick on the daily chart truly appears, how should we position ourselves afterward?


Before the big bullish candle is completed, let me share my personal opinion: the recent market movement was first driven by Bitcoin, soaring all the way, giving the illusion of a bull return.
Next came Sol, then BNB. Recently, Ethereum seems to have been invisible; its rise has nothing to do with the market, and its fall is more aggressive than anyone else’s.
It seems to confirm the old saying that Ethereum tends to fall into trouble, but on the other hand, Ethereum has always lacked a major daily-level rally.
This is also one of the reasons I took a high-expected long position near the end of this bear market’s secondary move.
So, if a major daily-level rally really occurs, what should we pay attention to?
Where will Bitcoin and Ethereum be around that point? Will Sol reach 100?
First, Bitcoin—I think it might go near 83,800. Based on my years of observation, the top and bottom like the number 8 the most as a conclusion.
Besides, 83,800 is also the strongest resistance in the Vegas channel on the daily chart.
Of course, another reason is that only by breaking the previous high of 82,800 can a daily-level bearish divergence form.
Next is Ethereum. It’s hard to estimate Ethereum’s level because it’s been too weak recently; investor patience might not be very high, and Ethereum tends to go off the beaten path.
So I’ve taken a middle value of 2,480 for Ethereum.
Sol definitely can’t reach 100; hitting a double top on the daily chart is the limit, personally around 95.8.
If the above scenarios occur, how should we respond?
Brothers, this is just a market speculation; what we need to do is plan how to position ourselves if it really happens.
No need to overthink it—after the big daily bullish candle closes, look for bearish divergence on the 15-minute chart the next day, and once it appears, go short immediately…#TradFi交易分享挑战 $BTC $ETH $SOL
BTC1.03%
SOL0.41%
ETH0.83%
BNB0.65%
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