Everyone else is long while I am short, the road to success is not lonely. From the current market data, BTC and Ether are both in a low-level oscillation range on the daily chart, showing a repeated overall trend with both long positions and short positions in a state of exhaustion. The market is weak and limits the space for upward adjustments. On the four-hour chart, since the big dump at the beginning of the week, the market has been in a constant adjustment phase. Although there is an expectation for short-term upward testing, the recent market data also shows a bullish engulfing pattern, with long positions having relatively strong volume. However, the downward trend remains unchanged, and a breakthrough of the middle band will take some time and stimulus. It is recommended to continue holding a bearish outlook in the short term and participate in low long positions to catch rebounds at appropriate times.
BTC 104800-105100 short positions, look near 103800 Ether short around 2530, look at around 2490 #BTC #ETH
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Everyone else is long while I am short, the road to success is not lonely. From the current market data, BTC and Ether are both in a low-level oscillation range on the daily chart, showing a repeated overall trend with both long positions and short positions in a state of exhaustion. The market is weak and limits the space for upward adjustments. On the four-hour chart, since the big dump at the beginning of the week, the market has been in a constant adjustment phase. Although there is an expectation for short-term upward testing, the recent market data also shows a bullish engulfing pattern, with long positions having relatively strong volume. However, the downward trend remains unchanged, and a breakthrough of the middle band will take some time and stimulus. It is recommended to continue holding a bearish outlook in the short term and participate in low long positions to catch rebounds at appropriate times.
BTC 104800-105100 short positions, look near 103800
Ether short around 2530, look at around 2490 #BTC #ETH