Wednesday, still volatile, bearish view unchanged



July's market has been shaking like crazy. Last night's short at 63500 landed smoothly, a quick 800-point gain. Adjusting strategy today: long first, then short within the day, because Asian session has already completed a pullback. Don't chase now. Reference the low above 62500 to go long first, then short near 64000 when it rises.

The longer the sideways, the bigger the breakout. The longer the consolidation, the stronger the momentum for a trending move. The overall direction remains bearish. Our swing short is still firmly held, targeting 58000. The process may be long and winding, but with the right direction, no distance is too far. One word: "Do it."

If Ethereum can't hold 1800, it's still short. A waterfall may be late but never absent. The daily chart has a "painting the door" feel. The lower support is at 1500. That's all, brothers, figure it out yourselves! #美终止对伊朗石油制裁豁免
ETH-1.97%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
Add a comment
Add a comment
LittleV6
· 3h ago
Just go for it 👊
View OriginalReply0
GateUser-4ffce33f
· 4h ago
what is still going up and down—roughly pulling again or not?
View OriginalReply0
LycheeCandy
· 5h ago
Good
View OriginalReply0
LycheeCandy
· 5h ago
Firmly HODL💎
View OriginalReply0
  • Pinned