The 4-hour chart is already looking quite bad, this round of stretching is over. To reverse, it would require a sharp drop followed by the second candle quickly pulling back and creating a new high. With volume coming down, the rebound is likely to be limited.



At 2:30 Powell's speech - if he mentions rate hikes even once, the crypto market is done. Regarding operations: for BTC, short at 72600 on rebounds; for ETH, short at 2250 on rebounds; for SOL, continue shorting at 92 on rebounds.
BTC-5,12%
ETH-6,71%
SOL-5,75%
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin