Price pulled back after encountering resistance at 84000. This level is resistance at the 4-hour upper band and the daily K-line middle band, so it won't be easy to break through. It's also the 0.618 retracement level of last week's rebound after the sell-off from 86600 to 80300. Bulls can only gain momentum once the market holds above 84000.
The plan to buy dips remains unchanged. I haven't taken any short positions, mainly because too many followers are trapped in long positions. If I posted about going short, I worry it would only make everyone more confused. If price rebounds, reduce half the position at breakeven. For now, I'm no longer considering adding to positions.
For those without long positions, consider opening an initial position on a dip in the 82800–81800 range. Save one add-on for the 80000 level. On a rebound, watch for resistance at 84200, 86500, and 88000, followed by 90000–96000.
ETH needs to hold above 2586 for the bulls to be considered strong. For those without long positions, watch the 2515–2475 support zone below and consider opening an initial long position around there. The area near 2400 is a potential add-on level. On a rebound, watch for resistance at 2580, 2700, and 2800, followed by 3000–3300. #比特币期权波动率创五年新低 $BTC
The plan to buy dips remains unchanged. I haven't taken any short positions, mainly because too many followers are trapped in long positions. If I posted about going short, I worry it would only make everyone more confused. If price rebounds, reduce half the position at breakeven. For now, I'm no longer considering adding to positions.
For those without long positions, consider opening an initial position on a dip in the 82800–81800 range. Save one add-on for the 80000 level. On a rebound, watch for resistance at 84200, 86500, and 88000, followed by 90000–96000.
ETH needs to hold above 2586 for the bulls to be considered strong. For those without long positions, watch the 2515–2475 support zone below and consider opening an initial long position around there. The area near 2400 is a potential add-on level. On a rebound, watch for resistance at 2580, 2700, and 2800, followed by 3000–3300. #比特币期权波动率创五年新低 $BTC
