The ETH strategy I shared earlier has already successfully locked in profits this round. As for the trigger point—put simply, it’s that moment when the long and short forces become completely imbalanced. And the confirmation signal was already hidden in the price action over the past few days around $BTC . When monitoring, you can’t just look at surface-level up and down moves; you need to look at the underlying momentum. I’ve noticed a detail: lately, every rebound has come with shrinking volume, but during the sell-offs the volume and strength are actually stronger. This indicates that the willingness to take over is weakening, and the sellers are holding the initiative.
After that little double-top pattern formed on the four-hour timeframe, it was only natural that the pullback and confirmation at the neckline would translate into a shorting idea. I’m not saying it won’t keep rising, but in terms of probability, the risk-reward ratio is more favorable at this spot. Everyone just keep an eye on that overhead resistance zone—when it gets there, I’ll carry out the plan decisively.
🔴 Trading direction: Short
📍 Entry range: 77531 – 78031
🛑 Stop loss: 78331
🎯 Take profit 1: 77031
🎯 Take profit 2: 76730
In still water, deep wisdom lies far and wide; as the market ebbs and flows, remain calm.
Keep company with Fei Jie, and together read the pulse of the surge of wealth.
#BTC
Click below to trade 👇
After that little double-top pattern formed on the four-hour timeframe, it was only natural that the pullback and confirmation at the neckline would translate into a shorting idea. I’m not saying it won’t keep rising, but in terms of probability, the risk-reward ratio is more favorable at this spot. Everyone just keep an eye on that overhead resistance zone—when it gets there, I’ll carry out the plan decisively.
🔴 Trading direction: Short
📍 Entry range: 77531 – 78031
🛑 Stop loss: 78331
🎯 Take profit 1: 77031
🎯 Take profit 2: 76730
In still water, deep wisdom lies far and wide; as the market ebbs and flows, remain calm.
Keep company with Fei Jie, and together read the pulse of the surge of wealth.
#BTC
Click below to trade 👇