🔴 Short BTC on the bounce again｜ETH remains weak｜Don’t chase HYPE
The BTC short from my last post was right: 75784→intraday low of 74.9K (-1.2%); the 75.2K target was hit.
$BTC Bearish
On the 4H chart, price is still below both moving averages, currently around 75850. Look to short a bounce near EMA20 at 76.9K; if 74.9K breaks, watch 74K. Admit the trade is wrong if price reclaims 78K.
$ETH Bearish
Still grinding lower, currently around 2244, with EMA20≈2275 acting as resistance. Favor shorts on a bounce to 2270–2290; if 2210 breaks, watch 2150. Admit the trade is wrong if price holds above 2320.
$HYPE Bearish
It plunged to 76 yesterday, then bounced back to around 79.5—don’t chase. Look to short a bounce to 80–82; if 76.3 breaks, watch for lower levels. Admit the trade is wrong if price reclaims 83.
This is not investment advice. Manage your position size carefully 🚬
The BTC short from my last post was right: 75784→intraday low of 74.9K (-1.2%); the 75.2K target was hit.
$BTC Bearish
On the 4H chart, price is still below both moving averages, currently around 75850. Look to short a bounce near EMA20 at 76.9K; if 74.9K breaks, watch 74K. Admit the trade is wrong if price reclaims 78K.
$ETH Bearish
Still grinding lower, currently around 2244, with EMA20≈2275 acting as resistance. Favor shorts on a bounce to 2270–2290; if 2210 breaks, watch 2150. Admit the trade is wrong if price holds above 2320.
$HYPE Bearish
It plunged to 76 yesterday, then bounced back to around 79.5—don’t chase. Look to short a bounce to 80–82; if 76.3 breaks, watch for lower levels. Admit the trade is wrong if price reclaims 83.
This is not investment advice. Manage your position size carefully 🚬
