$BTC $ETH


Yesterday’s analysis:
ETH 1940 short and BTC 65200 short are both currently in profit. BTC is only 6 points away from hitting our stop loss—very extreme. After this pullback, there is also nearly 800 points of profit. Since ETH is intended to let everyone add to positions, if any brothers add to their position, remember to reduce a bit of size around the average price; the game continues with the pullback.
Today’s strategy:
Short ETH around 1925, stop loss at 1940, take profit at 1900 (short-term, small position)
Short ETH around 1980, stop loss on a break above 2000, take profit at 1920 (mid-term, standard position size)
Long ETH around 1895, stop loss at 1880, take profit at 1940
Short BTC around 66000, stop loss at 66500, take profit at 64000
Long BTC around 63888, stop loss at 63288, take profit at 65600
Summary:
Personally, I think there may be one last upward move within the week, and then it will go through a period of range-bound downside. But this is only a guess, because there is no market that keeps going up or keeps going down—an upswing must be accompanied by a significant pullback. So everyone, please don’t chase the price up. Set your stop loss—don’t hold positions hoping for a turnaround!
BTC-0.89%
ETH0.24%
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