The thought for Tuesday morning is that the upward movement has stopped, and I will short at the highs first.



After a round of rally yesterday, Bitcoin stalled at 111600, with multiple attempts to break through this level overnight failing. The pressure in this area is relatively strong in the short term. Last night, a short position was initiated near 111500, hitting a low of 109800 in the early morning, easily realizing a space of 1500+ points. Currently, after a round of rebound, the bulls are showing signs of stagnation. As the strength of the bullish rebound weakens, it is not advisable to excessively chase longs at this moment; instead, short positions should be taken at highs during the day.

Early reference 111200, short near 111600, pay attention to 109000 below, if it breaks through, continue to look at 107000.
#ETH反弹在即?
BTC-2.69%
ETH-4.13%
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
  • 5
  • Repost
  • Share
Comment
0/400
RubyNewsvip
· 9h ago
坐稳扶好,马上起飞 🛫
Reply0
HowCanTheDragonRiderLose?vip
· 9h ago
Steadfast HODL💎
View OriginalReply0
HowCanTheDragonRiderLose?vip
· 9h ago
坐稳扶好,马上起飞 🛫
Reply0
GoodWillHuntingvip
· 9h ago
Thank you for your information
View OriginalReply0
GoodWillHuntingvip
· 9h ago
Buckle up, we are about to To da moon 🛫
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)