Crude oil hit 95, so I significantly reduced my position. Whatever I make on the small core position I have left is up to fate. I’m no longer tracking crude oil.
$BZ
#币安安全事件恢复进展：98%被盗资产已回填
$BZ
#币安安全事件恢复进展：98%被盗资产已回填
Post
--Bearish
张同学121
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Bullish$BZ Evening market outlook: 10.18.
Bitcoin and Ethereum have both been moving sideways, so there’s not much to say about them. Let’s take a look at crude oil! As long as crude oil doesn’t move back below 104, it won’t be able to fall much further. The 104 level is where the bears are defending, because 104–95 is crude oil’s consolidation range. If it breaks out of this range, crude oil will start a new round of gains and could possibly test the previous high near 115. Crude oil needs to move back below 104 to continue its pullback and test support at 100. It can only begin a true downtrend if it breaks below 95. With crude oil staying so high, it’s hard for Bitcoin to avoid being affected, since Bitcoin and crude oil tend to move in opposite directions. Bitcoin can only start a sharp rebound once crude oil falls below 95; otherwise, crude oil is the main culprit suppressing Bitcoin’s rise. If you’re looking to short crude oil, I suggest waiting until 109 to enter. Set your stop-loss at the previous high of 115, and look to take profit around 100–95. But before shorting crude oil, ask yourself whether you can handle the high costs. If not, don’t do it. Meeting adjourned.
$BZ
#灰度联合Republic推出三只加密基金
Bitcoin and Ethereum have both been moving sideways, so there’s not much to say about them. Let’s take a look at crude oil! As long as crude oil doesn’t move back below 104, it won’t be able to fall much further. The 104 level is where the bears are defending, because 104–95 is crude oil’s consolidation range. If it breaks out of this range, crude oil will start a new round of gains and could possibly test the previous high near 115. Crude oil needs to move back below 104 to continue its pullback and test support at 100. It can only begin a true downtrend if it breaks below 95. With crude oil staying so high, it’s hard for Bitcoin to avoid being affected, since Bitcoin and crude oil tend to move in opposite directions. Bitcoin can only start a sharp rebound once crude oil falls below 95; otherwise, crude oil is the main culprit suppressing Bitcoin’s rise. If you’re looking to short crude oil, I suggest waiting until 109 to enter. Set your stop-loss at the previous high of 115, and look to take profit around 100–95. But before shorting crude oil, ask yourself whether you can handle the high costs. If not, don’t do it. Meeting adjourned.
$BZ
#灰度联合Republic推出三只加密基金
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