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Bing Bing (ETH) Today’s Recap
The viewpoint I shared this morning was also very clear.
Although Bing Bing came to around 1940, I didn’t recommend that everyone force a short at the time.
The reason was also stated clearly: in the near term, Bing Bing is overall stronger than Big Bing (BTC), so there’s no need to short just for the sake of shorting.
After that, the price dropped from around 1940 down to around 1910, but 1910 wasn’t broken. Both times it retested this level, there was a rebound. Now it’s back to around 1920, moving sideways.
Later, I will also post the trade where I entered around 1935 today and took profit around 1913.
This trade isn’t because I think Bing Bing must go down. It’s because the price reached my trade level and met my trading conditions—so I executed according to the plan. Trading and “betting on direction” are actually two different things.
The market won’t always move according to our expectations, so doing the analysis in advance is to leave room for ourselves to respond to changes. No matter how the market goes, we respond accordingly #特朗普同意Clarity法案纳入伦理条款 $ETH