$OP

After the short order is profit-making and exited, will the market rebound again and the opportunity for shorting come again?

When Bitcoin and Ethereum fell sharply last night, OP was relatively resistant to the fall. However, the situation of ARB is different. It breaks the bottom all the way. It is also possible to sell the ARB position and then change hands to OP. The overall OP rebounds to the highest price of 1.379 US dollars, which just happens to reverse the downward trend line connecting the recent high points. . It is also around the daily KEMA (25) price of 1.385 US dollars. There is a probability that the downward trend line will be broken through, forcing shorts or even inducing bulls.

This article mentioned that OP exited all short positions at the price of 1.2 US dollars. At the end of the article, it was mentioned that if the market stops falling and rebounds and short-squeeze the market, it can enter the market again and go short. However, the current price of 1.2 US dollars has been tested twice to stabilize the short squeeze in the market outlook or even to induce bullish forces. If there is an opportunity to hit the upper track of the downward trend channel or even make a false breakthrough, it is safer to enter the market and go short!