The concubine followed the strong breakout early, surging alongside the big cake, topping out at 2396. It is currently oscillating near 2388 at a high level; bullish momentum is gradually weakening, and a clear signal of stalled upside at high levels is emerging.



After the market followed the big cake to complete a one-way upswing, the demand for short-term profit-taking is strong, and technical pullback needs are heating up. The longer-term bullish trend remains intact, but in the short term it has already entered a high-risk zone. Trading should mainly focus on going short at high levels, with going long on dips as a secondary approach.

Trading Suggestions

Concubine: Go short at a rebound into the 2395-2415 range, targeting 2340-2360. If it breaks down, look lower to 2300.
If it pulls back to 2340-2360 and holds steady, you may try a light/low-size long position, quick in and quick out; the stop-loss is determined based on the position size: #美军封锁霍尔木兹海峡 $BTC $ETH
BTC1,64%
ETH3%
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