I got stuck on a short position this afternoon. Those who made money, give me thumbs up. That short position was so comfortable, making money back and forth. It was so comfortable!
#ETH long. Aggressive or conservative, wait for 4430-4420. This is also the aggressive buy position.
The extreme range I can see is 4415-4380.
Take profit: 4480-4540
Stop loss: 4340
Reasoning: The interest rate cut will be implemented on the 18th. The hype over the past few months is likely to end after the 18th. Assuming this positive news turns bearish, there should be a surge of sentiment before the implementation, attracting more investors and getting stuck at the top. Therefore, after three days of decline, it makes sense to buy in batches.
Assuming this positive news is market-driving and doesn't turn bearish, then the market will really rise, and there's nothing wrong with going long.
The third possibility is that the market will continue to fall, with no rebound, and simply give up and continue to fall. If that's the case, then we'll just have to stand at attention and take the beating.
#Bitcoin