September 23 BTC/ETH Market Daily Report｜After Breaking Through 8 2 6 0 0, Don’t Blindly Short Anymore!
《Jiang Feng Trading Strategy Diary》第四十九期
In the past two days, the market has completely moved beyond expectations. BTC has been pulled from around $80,000 all the way to about 87,400, and after breaking through 2600, ETH has also come to around 2800.
Especially in the recent period, BTC ETFs have seen continuous large net inflows. On September 21, the single-day net inflow was nearly $1 billion, indicating that this rally is already being driven by clear spot demand.
Going forward, all strategies will clearly mark the entry and exit points, and use a tight stop-loss. I hope I can strictly follow through as well—let go of every fixation, rely only on fundamentals and the price action, and no longer let my current positions dictate my thinking!
Now you can’t simply follow the previous rebound logic and hard short again. All my existing positions have been exited. Return to rational analysis—being flat is the only way to physically isolate your mindset from fixation.
BTC is currently at 86,500. For the short-term, the first support to watch is around 85,000—85,500. If price pulls back to this area and stabilizes, you can consider going long. Set the stop-loss below 84,000.
Targets to watch: 86,600 ～ 88,500 ～ 89,500 ～ 90,900 ～ 91,800.
If price continues to push higher directly, focus on the 89,500—90,900 area. If there is a clear spike-and-reversal there, you can try a small-lot short. Set the stop-loss above 92,000. Targets: 88,000 ～ 86,500 ～ 85,000.
ETH is currently around 2,760. This is already close to the previous important resistance zone, so short-term chasing longs is not recommended. The first support is 2,680—2,720.
If the pullback stabilizes, you can consider going long. Long on the pullback in the 2,720—2,680 area. Set the stop-loss below 2,635. Targets: 2,790 ～ 2,865 ～ 2,900 ～ 3,000.
If it directly spikes to 2,865—2,910 and shows a clear spike-and-reversal, you can try a short-term short. Set the stop-loss above 2,930. Targets: 2,800 ～ 2,750 ～ 2,680.
ETH’s technical structure is clearly strengthening, and the 2,800 area is also an important level the market is watching. If there is a valid breakout, the upside room may open further.
⚠️ Shorts should be light position sizing for tactical trading, and stop-loss must be strictly followed. Longs are the main focus!
The most important thing this time is: the market has changed, and your trading mindset must change with it. You can’t keep waiting for it to fall just because you’ve been bearish for a while. #比特币突破8.7万美元创八个月新高 $BTC
$ETH
《Jiang Feng Trading Strategy Diary》第四十九期
In the past two days, the market has completely moved beyond expectations. BTC has been pulled from around $80,000 all the way to about 87,400, and after breaking through 2600, ETH has also come to around 2800.
Especially in the recent period, BTC ETFs have seen continuous large net inflows. On September 21, the single-day net inflow was nearly $1 billion, indicating that this rally is already being driven by clear spot demand.
Going forward, all strategies will clearly mark the entry and exit points, and use a tight stop-loss. I hope I can strictly follow through as well—let go of every fixation, rely only on fundamentals and the price action, and no longer let my current positions dictate my thinking!
Now you can’t simply follow the previous rebound logic and hard short again. All my existing positions have been exited. Return to rational analysis—being flat is the only way to physically isolate your mindset from fixation.
BTC is currently at 86,500. For the short-term, the first support to watch is around 85,000—85,500. If price pulls back to this area and stabilizes, you can consider going long. Set the stop-loss below 84,000.
Targets to watch: 86,600 ～ 88,500 ～ 89,500 ～ 90,900 ～ 91,800.
If price continues to push higher directly, focus on the 89,500—90,900 area. If there is a clear spike-and-reversal there, you can try a small-lot short. Set the stop-loss above 92,000. Targets: 88,000 ～ 86,500 ～ 85,000.
ETH is currently around 2,760. This is already close to the previous important resistance zone, so short-term chasing longs is not recommended. The first support is 2,680—2,720.
If the pullback stabilizes, you can consider going long. Long on the pullback in the 2,720—2,680 area. Set the stop-loss below 2,635. Targets: 2,790 ～ 2,865 ～ 2,900 ～ 3,000.
If it directly spikes to 2,865—2,910 and shows a clear spike-and-reversal, you can try a short-term short. Set the stop-loss above 2,930. Targets: 2,800 ～ 2,750 ～ 2,680.
ETH’s technical structure is clearly strengthening, and the 2,800 area is also an important level the market is watching. If there is a valid breakout, the upside room may open further.
⚠️ Shorts should be light position sizing for tactical trading, and stop-loss must be strictly followed. Longs are the main focus!
The most important thing this time is: the market has changed, and your trading mindset must change with it. You can’t keep waiting for it to fall just because you’ve been bearish for a while. #比特币突破8.7万美元创八个月新高 $BTC
$ETH
