🔥 Gmmmm guys! Another night has passed; when you wake up, the orders you’re holding seem to have drifted, or at least you’re a bit less worried now
1. $BTC - Still Short 65.100
Bitcoin seems to want to confirm the top at $66.900, but it’s still quite strong. However, BTC’s downside momentum is still there, and it’s also currently in a sideways-to-upward border phase
At this moment, cutting losses on BTC is not recommended. Try to observe it for another 1-2 days to get the trend, then make a decision
2. $ETH - Small volume Short $1.939
Altcoins are weak; with BTC pumping and DOM rising, the BTC view for DOM going down will increase very strongly. Continue to hold and take a slight profit on your short altcoin setups if you’ve got them, guys
3. $ERA - Recommendation
Take profit on round 2 at 100%, or close 50-70% of the remaining position and let the rest run. It started to die after the pump; there is extremely big room to fall (unless FD reverses)
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Overall view: In the short term, the market is in a transition of an up move; the downward trend is adjusting!
1. $BTC - Still Short 65.100
Bitcoin seems to want to confirm the top at $66.900, but it’s still quite strong. However, BTC’s downside momentum is still there, and it’s also currently in a sideways-to-upward border phase
At this moment, cutting losses on BTC is not recommended. Try to observe it for another 1-2 days to get the trend, then make a decision
2. $ETH - Small volume Short $1.939
Altcoins are weak; with BTC pumping and DOM rising, the BTC view for DOM going down will increase very strongly. Continue to hold and take a slight profit on your short altcoin setups if you’ve got them, guys
3. $ERA - Recommendation
Take profit on round 2 at 100%, or close 50-70% of the remaining position and let the rest run. It started to die after the pump; there is extremely big room to fall (unless FD reverses)
---/---
Overall view: In the short term, the market is in a transition of an up move; the downward trend is adjusting!