$ETH $BTC $SOL Federal Reserve Wush turns hawkish, causing a slight drop in the market?
The expectation of a calmer second half has changed. As of this Saturday, liquidity is low, making it easy to produce false signals. In the early part of the Ethereum move, there weren’t many short positions above; after failing to break through 2500 yesterday, the market released a signal that near-term longs are weak. There are signs of a short-position comeback: the number of short high-leverage positions is increasing, and near-term long positions show risk signals. The support levels to watch are 2420–2400. Resistance has formed above 2465.
There is an expectation of further downside. Just control your position size. Of course, it’s not a reversal until it goes below 2350—at that point it would only be considered a small consolidation range. In my personal view, the probability of liquidating longs is increasing. For BTC, the current performance shows that long strength has weakened, which is dragging the market lower. But be cautious—I still treat it as a pullback.
If you can’t understand this trend, then you’re just a greenhorn (a “newbie trader”).
The market won’t teach you how to make money, but Brother Sanjin will.
The square has lag—information comes first. Know it first👇👇
Look for👇 the Jin Family Army, and achieve your first bucket of gold!!!
#提词员付17万美元和解内幕交易案
The expectation of a calmer second half has changed. As of this Saturday, liquidity is low, making it easy to produce false signals. In the early part of the Ethereum move, there weren’t many short positions above; after failing to break through 2500 yesterday, the market released a signal that near-term longs are weak. There are signs of a short-position comeback: the number of short high-leverage positions is increasing, and near-term long positions show risk signals. The support levels to watch are 2420–2400. Resistance has formed above 2465.
There is an expectation of further downside. Just control your position size. Of course, it’s not a reversal until it goes below 2350—at that point it would only be considered a small consolidation range. In my personal view, the probability of liquidating longs is increasing. For BTC, the current performance shows that long strength has weakened, which is dragging the market lower. But be cautious—I still treat it as a pullback.
If you can’t understand this trend, then you’re just a greenhorn (a “newbie trader”).
The market won’t teach you how to make money, but Brother Sanjin will.
The square has lag—information comes first. Know it first👇👇
Look for👇 the Jin Family Army, and achieve your first bucket of gold!!!
#提词员付17万美元和解内幕交易案
