Short positions make a strong push cautiously buy the dip, long term short order has over ten thousand points of space! The trading strategy for BTC and ETH has perfectly matched the market trend with an overall bearish outlook recently, and finally dumping broke the recent range of fluctuations early Sunday morning. BTC touched the 77000 mark, and Ether touched around 1530. The short order given at the beginning of the month is now close to ten thousand points! Friends who followed along made a big profit!



From a technical perspective, the daily chart has once again closed in the red, with a long lower shadow. The price has fallen below the lower Bollinger Band on the daily chart, KDJ is diverging downwards once again, and the MACD double lines have formed a dead cross and are diverging downwards. Trading volume has started to increase, and there are currently no signs of a halt in the significant daily decline. Everyone should be cautious when buying the dip!

Recently, the trading strategy has mainly focused on short positions, and it has been repeatedly mentioned that when going long, it's important to set a stop-loss, and to protect capital during rebounds to prevent a strong push from the shorts. The market is moving as expected, and today the shorts couldn't hold back their strength! Currently, there are no obvious bullish news or signs of a reversal, so intra-day trading should still focus on short positions during rebounds! Pay attention to the resistance levels at 80000, 81000, 82700, 83800, and 84500, and the support levels at 77000, 76500, 74500, and 73000.

4.7 BTC trading strategy: Aggressive traders should enter short orders at 79500-80000, and at 80500-81000, with a stop loss around 82000. The target is to look for 79000-78000-77000. If broken, watch for 86500-76000-74500. Hold if broken and assess the situation!

4.7 Ether trading strategy: Aggressive traders enter short positions on a rebound at 1650-1680, while conservative traders enter at 1730-1780, with a stop loss near 1830. The target is set around 1600-1550-1500. If it breaks, hold and assess the situation!
Long order strategy: There is a consensus that a significant drop will be followed by a rebound, so everyone going long should set their stop-loss accordingly. As the rebound occurs, gradually move the stop-loss up to prevent short positions from making a strong push. Control the levels yourself!

Recently, the short positions strategy has been continuously validated. This round of short orders has easily doubled profits. Those who have joined can move their stop-loss down to secure profits and patiently wait for a breakout! For those who haven't entered, the rebound stagnation is an opportunity; do not blindly chase the price up!

The next divine pill has been laid out internally.
Keep up the speed
#XRP #PI #ETH #DOGE #PEPE
PI-5.45%
BTC-3.95%
ETH-6.8%
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