Market has successfully taken profit. My upcoming view is that the current market sentiment is extremely panic-driven, which creates conditions for a technical rebound. There is a large amount of long liquidity stop-loss at ETH 2750 and 85000, and many trapped positions at 2920 and 88000. From an institutional perspective, they might exploit this extreme panic sentiment to break below 2750, then oscillate to absorb liquidity and accumulate more longs.
Short position suggestions:
First scenario: Trading must follow the trend. Currently, observe the response at the supply zone around 2920. If cl

12.16 Market Analysis The current best strategy is to stay on the sidelines and observe Lock in the core observation zones: ETH: 3036-3076 (Gann 50-61.8% retracement) BTC: 8.9K-9K Of course, ETH may rebound weakly; the main position can be watched in BTC then open ETH Currently, the market is in a downtrend with a natural rebound to test the upper supply levels If the price reaches the core levels with signs of - stagnation - oversold - bearish candlestick confirmation - and supply overwhelming demand, then it’s a good time to short Stop-loss and take-profit: Enter at 3036

The market has fallen as I expected. I'll just post on my circle of friends. I will share my thoughts and ideas from time to time every day. Let's see how long it takes for this account to grow from 20,000 to 10,000,000#FHE代币剧烈波动

Market weak rebound 3135 short-term long-short dividing line Key focus on market reaction in the 3180-3220 core resistance zone The short to medium-term bearish trend structure has not been broken before firmly establishing above 3220 Currently observe whether 3135 can be strongly broken through, and after the breakout, watch the reaction of short positions in the 3180-3220 zone, consider whether to double the position, and stop loss if firmly above 3220 If there is no strong breakthrough above 3135 in the short term, it indicates the end of the rebound, consider whether the price can bre

Currently, the market is in a sluggish period of trading volume during the Saturday weekend. The night before choosing a direction, the current position is in a zone where opening new trades is prohibited. Currently, the long and short directions are not advisable. The market has experienced a decline and is now in the depletion phase of the downtrend. The 4-hour chart has formed a three-wave rebound structure (A-B-C), and the current position is at the end of wave a or during wave b correction. However, I am not optimistic about breaking out of an upward wave. The current daily bottom pattern