If you’re not already in a position overnight, there’s no need to chase shorts at these levels. Zhong Liang still leans toward buying dips. For BTC, consider going long around 83000–82500, with targets at 84500–85500–86500.
For ETH, consider going long around 2550–2530, with targets at 2600–2650–2700.
If you’re already holding a long position and have added to it, be sure to manage your position size carefully. If a rebound brings the price back to your entry, you can take profit on half the position—even if it only covers the fees. This will make your position safer, so if the price dips again later, you can calmly add to it and raise your average entry price!
If you’re leaning bearish, a rebound that tests resistance overhead could be your opportunity to consider entering a short at a higher level. Don’t chase the price directly. Recently, the market has been moving within the 87000–82500 range. Since repeated tests of 87000 failed to break through and the price was pushed back down, could chasing shorts before 82500 is broken leave you caught out by a rebound? #币安推出BinanceIntelligence $BTC
For ETH, consider going long around 2550–2530, with targets at 2600–2650–2700.
If you’re already holding a long position and have added to it, be sure to manage your position size carefully. If a rebound brings the price back to your entry, you can take profit on half the position—even if it only covers the fees. This will make your position safer, so if the price dips again later, you can calmly add to it and raise your average entry price!
If you’re leaning bearish, a rebound that tests resistance overhead could be your opportunity to consider entering a short at a higher level. Don’t chase the price directly. Recently, the market has been moving within the 87000–82500 range. Since repeated tests of 87000 failed to break through and the price was pushed back down, could chasing shorts before 82500 is broken leave you caught out by a rebound? #币安推出BinanceIntelligence $BTC