Guys, I won’t ramble today about all the back-and-forth short-term price swings. My view hasn’t changed these past few days: the key focus is to stay locked in on Bitcoin (BTC) and the 87K level.
The setup for Ethereum (ETH) is also very clear: entries around 2750–2780 are fine, with a defensive stop-loss of just 45 points.
💡 Have you ever noticed a human weakness when reviewing your trades? When we’re bullish, we’ll desperately look for countless favorable factors to convince ourselves; when we’re bearish, it’s much the same.
A lot of people may still not understand what I’ve been waiting for lately. Put simply, I’m waiting for a move that breaks through and then quickly falls back below the level—the so-called false breakout.
📝 The specific trading plan is very clear now:
Place an initial short position near 87K to establish a base. For the rest of the main position, we absolutely must wait for a breakout followed by a move back down before adding! Manage your position according to this plan, and even if the market doesn’t go as expected and we have to sit through a 2,000-point stop-loss, your overall position should still be easy to handle.
First, we need to confirm our expectation that price will break above 87K and then fall back below it. Then we can assess whether it will actually break below the strong support on the daily chart. Don’t get carried away imagining how far it might fall after breaking below—that’s for later! And don’t keep thinking that because you shorted at 87K, this one trade has to deliver a certain profit target or a huge payday.
Remember, trading is about taking one trade at a time and moving on one trade at a time. Slow and steady wins the race.
To sum up:
For Bitcoin, open an initial short position at 87000, with a 2,000-point stop-loss. Add to the short if it breaks below 87000. Take-profit levels: 86000, 85200, 84400, and 83300.
$BTC
The setup for Ethereum (ETH) is also very clear: entries around 2750–2780 are fine, with a defensive stop-loss of just 45 points.
💡 Have you ever noticed a human weakness when reviewing your trades? When we’re bullish, we’ll desperately look for countless favorable factors to convince ourselves; when we’re bearish, it’s much the same.
A lot of people may still not understand what I’ve been waiting for lately. Put simply, I’m waiting for a move that breaks through and then quickly falls back below the level—the so-called false breakout.
📝 The specific trading plan is very clear now:
Place an initial short position near 87K to establish a base. For the rest of the main position, we absolutely must wait for a breakout followed by a move back down before adding! Manage your position according to this plan, and even if the market doesn’t go as expected and we have to sit through a 2,000-point stop-loss, your overall position should still be easy to handle.
First, we need to confirm our expectation that price will break above 87K and then fall back below it. Then we can assess whether it will actually break below the strong support on the daily chart. Don’t get carried away imagining how far it might fall after breaking below—that’s for later! And don’t keep thinking that because you shorted at 87K, this one trade has to deliver a certain profit target or a huge payday.
Remember, trading is about taking one trade at a time and moving on one trade at a time. Slow and steady wins the race.
To sum up:
For Bitcoin, open an initial short position at 87000, with a 2,000-point stop-loss. Add to the short if it breaks below 87000. Take-profit levels: 86000, 85200, 84400, and 83300.
$BTC