Yesterday’s rally still hasn’t broken above 2000. It has pulled back by nearly 100 points, and the pullback strength is still quite strong. The daily MACD dead cross hasn’t given a good response, and it’s been compressing the “two-cake” range. At this point, is it difficult to tell whether it’s better to go long or short?



Tonight, I’ll go live and share a “two-cake” trading idea analysis with everyone. If you’re interested, come take a look. Keep building a “two-cake” layout.

Actually, everyone can observe BTC’s strength: if BTC can’t move up, then the “two-cake” won’t have too big of fluctuations. A single-leg move really can’t jump high.

Tonight, if there isn’t an effective breakout above 1900, we’ll still mainly focus on shorting. Watch the support levels below at 1840 and 1780. After a breakdown, you can say it’s a chase short—the prerequisite is that there must be a strong, powerful bearish long candle with sustained heavy volume.

Today’s overall bias is mainly to short from higher levels. You can enter short at 1880 from the best position. #ETH
BTC-2.84%
ETH-4.64%
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
  • 1
  • 1
  • Share
Comment
Add a comment
Add a comment
BtcLittleFish
· 1h ago
Empty
View OriginalReply0
  • Pinned