Bitcoin and Ethereum hit the perfect levels. This morning, I repeatedly called for shorts in the 74,600–74,300 range to capture 1,000 points, with Ethereum shorts in the 2,085–2,070 range for 50 points. I wonder how many people took profits—this move was nailed precisely again. Didn't we hit the level with our eyes closed?
The broader market's overall bearish trend has not changed recently. Any rebounds are merely technical corrections, with heavy resistance overhead. When a rebound meets resistance, that's the time to position for shorts. Continue trading with the trend, don't be misled by small short-term rebounds, always use strict stop-losses, and stick to your position-management discipline.
We still expect prices to continue moving down toward our second target. Stay committed to trading with the trend, manage positions and protect against losses with stop-losses, and patiently hold your positions until it's time to take profits.$BTC
The broader market's overall bearish trend has not changed recently. Any rebounds are merely technical corrections, with heavy resistance overhead. When a rebound meets resistance, that's the time to position for shorts. Continue trading with the trend, don't be misled by small short-term rebounds, always use strict stop-losses, and stick to your position-management discipline.
We still expect prices to continue moving down toward our second target. Stay committed to trading with the trend, manage positions and protect against losses with stop-losses, and patiently hold your positions until it's time to take profits.$BTC
