Midnight BTC/ETH Market View: Another data-driven ups and downswing, with the CPI creating uncertainty for both bulls and bears. I offered a short position at 114,500 today. The market quickly hit the 11,340 level at 114,500, then rebounded to around 114,691. Currently, the price is recovering at 114,200. It's a bit unrealistic to say that this short position is profitable. Making a few hundred pips on this ups and downs isn't Zhong Liang's style, and you can't say you're trapped either. Therefore, those who continue to be bearish can hold on and see how the market performs. Those who believe the short position is unstable and haven't lost money yet can exit with a 300 pip profit. It's up to you. Zhong Liang's midnight view remains high and long. Even if you want to go long, you'll have to wait for a pullback. Strong upward pressure continues to focus on the 115,000 level. Those without short positions can consider entering short positions at 114,500 and 115,500, with targets at 113,500, 112,500, and 111,500. Ethereum's movement was even more dramatic, with a roller-coaster ride from 4483 to 4328. This day, we've provided a short position strategy between 4430 and 4500, so there's no risk of being trapped with a short position. The current price is around 4420. If you're not confident in the short position, you can exit now to protect your capital. If you continue to be bearish, be patient and hold on, managing your position. At midnight, Ethereum continues to be bearish. Focus on upward pressure at 4480 and 4530. Ambush from above around these levels, targeting 4400, 4350, and 4280. Zhong Liang is not a perpetually profitable blogger. Every trade carries the risk of a stop-loss, so everyone must be rational and prioritize their position. #CPIDataComing $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT)
Risk and Disclaimer:The content shared by the author represents only their personal views and does not reflect the position of CoinWorldNet (币界网). CoinWorldNet does not guarantee the truthfulness, accuracy, or originality of the content. This article does not constitute an offer, solicitation, invitation, recommendation, or advice to buy or sell any investment products or make any investment decisions
No Comments
edit
comment
collection23
like22
share