😍 In image 1, Tangzhu said last night to watch #大饼 , with 80,000 and 82,000 as the two levels to scale into long positions. The other major coins are moving in sync. This move last night really was just as Tangzhu expected.
Yesterday, the broader market kept sliding throughout the day, and retail sentiment was low. There were no signs of a rebound or a bottom on the charts; bears had the market firmly in their grip. So, in image 2, #棠主 posted the strategy “short at higher levels” in the chatroom. Those who followed last night made a nice profit too.
Looking at the liquidation data in image 3, nearly 1 billion worth of long positions were liquidated within 24 hours. This pullback has cleared out most of the longs near the top, so Tangzhu is now leaning bullish. But don’t blindly jump in and chase longs. As the post said last night, #大饼 : scale into long positions at 80,000 and 82,000.
For those who followed along, our first target is 83,500. The liquidation map shows that nearly 300 million worth of short positions could be liquidated near 83,500. So, if you entered between 80,000 and 81,500, look to 83,500 as your first target. The same applies to other coins.
Looking at the current chart, $BTC $ETH $SOL wicked down to its low at 1 a.m., then began to find support and rebound. Next, we’ll see whether the bulls have enough momentum to break through the resistance above. The outlook is shifting from bearish to bullish.
Follow Tangzhu for the latest updates in real time! #棠主爱吃二饼
#比特币跌破8.1万美元
Yesterday, the broader market kept sliding throughout the day, and retail sentiment was low. There were no signs of a rebound or a bottom on the charts; bears had the market firmly in their grip. So, in image 2, #棠主 posted the strategy “short at higher levels” in the chatroom. Those who followed last night made a nice profit too.
Looking at the liquidation data in image 3, nearly 1 billion worth of long positions were liquidated within 24 hours. This pullback has cleared out most of the longs near the top, so Tangzhu is now leaning bullish. But don’t blindly jump in and chase longs. As the post said last night, #大饼 : scale into long positions at 80,000 and 82,000.
For those who followed along, our first target is 83,500. The liquidation map shows that nearly 300 million worth of short positions could be liquidated near 83,500. So, if you entered between 80,000 and 81,500, look to 83,500 as your first target. The same applies to other coins.
Looking at the current chart, $BTC $ETH $SOL wicked down to its low at 1 a.m., then began to find support and rebound. Next, we’ll see whether the bulls have enough momentum to break through the resistance above. The outlook is shifting from bearish to bullish.
Follow Tangzhu for the latest updates in real time! #棠主爱吃二饼
#比特币跌破8.1万美元