$ETH The mainstream market is once again in a sideways trend. As retail investors, should we observe or act???
Currently, the competition between long and short positions is very intense. After the announcement of the blockade of the Strait of Hormuz last night, the market experienced a short-term pullback. However, we can see that such international influences are gradually weakening, and the market will slowly digest this, with the impact becoming smaller over time【similar to last year's tariff news】
As for Brother Bao's view, it still mainly focuses on low long positions.
Currently, the cumulative liquidation of short positions between 2250-2200 has nearly 2 billion funds. The main players will definitely use news to wash out a wave. Ethereum's hourly chart shows obvious stabilization signs, and the quick recovery after the last spike indicates that there has always been capital protecting the bottom. Pay attention to the four-hour chart's closing this afternoon. If the spike stabilizes effectively, we can gradually position to go long between 2180-2160.
#CZ直播谈新书 #币安人生 $BTC $XRP
Currently, the competition between long and short positions is very intense. After the announcement of the blockade of the Strait of Hormuz last night, the market experienced a short-term pullback. However, we can see that such international influences are gradually weakening, and the market will slowly digest this, with the impact becoming smaller over time【similar to last year's tariff news】
As for Brother Bao's view, it still mainly focuses on low long positions.
Currently, the cumulative liquidation of short positions between 2250-2200 has nearly 2 billion funds. The main players will definitely use news to wash out a wave. Ethereum's hourly chart shows obvious stabilization signs, and the quick recovery after the last spike indicates that there has always been capital protecting the bottom. Pay attention to the four-hour chart's closing this afternoon. If the spike stabilizes effectively, we can gradually position to go long between 2180-2160.
#CZ直播谈新书 #币安人生 $BTC $XRP
