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BrotherYiLovesSpotTrading

The evening news suddenly gained momentum, and the market briefly touched the 60,000 mark on an upward trend. But don't be fooled by this "dead cat bounce"! Currently, the liquidation of short positions above has largely concluded, bullish momentum is exhausted, and the overall trading range hasn't changed at all. The major trend is downward, and a rebound is an opportunity! Don't harbor any fluke mentality; following the trend is the way to go. Our strategy remains rock-solid: short on rallies, never blindly bottom-fish!



Directly short BTC near the 60,000 mark, targeting around 58,000, and patiently wait for profits to run!

Decisively short ETH near 1600, following BTC's lead, targeting around 1530! $BTC
BTC0.42%
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BeGentleWithLeverage
· 07-01 16:12
You’ve been following this idea for three months—every time it bounces, you go short. There will be a time you can get it right, right?
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GateUser-9335da8b
· 07-01 15:55
The liquidation above is completed ≠ the longs are gone. Whether the volume/energy is exhausted also needs daily chart-level confirmation—wait a bit longer.
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On-ChainSoilAfterTheRain
· 07-01 15:46
Shorting at highs is fine, but the 58000 target is too conservative; if it really drops, it could go straight to 55000.
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HaiyanColdWallet
· 07-01 15:37
"Dead cat bounce is harshly spoken, but at the 60,000 level, would you really dare to enter a short position with heavy size?"
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