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The value of last night's post is evident. After a small loss the day before, something felt off with ETH. It's not easy to go long, so the direction must be wrong. Yesterday, I mentioned to prioritize shorting; if you missed out on shorting, at least you weren't forced to go long. Just look at how many people got liquidated overnight to zero, and then reflect on how well you slept. The worst case is that you didn't make money, and even then, you've already outperformed most people. Alright, during the second exploration, you can slowly pick up the bodies; it's truly a bloody bun.
#BTC #ETH
BTC dropped to 1195 last night, but there was no continuation afterwards. At the 4-hour level, after breaking below 1210-1208, everything was recovered, and there was no second drop below the low. The daily line also closed above 1210-1208.
Tonight at 1210-1208 here, only if it breaks down and cannot recover, can it further decline to 119-118 here. So, tonight definitely don't chase unless it breaks down...
ETH dropped to 4260, but the 4-hour closing line is all above 4300-4320, and the daily line also closed above 4320.
So, here at 4300-4320, it can only go further down to 4250-4200-4165 if it breaks below and does not come back up.
Tonight there is a pullback before going short. If there is no pullback, then we will look at the support situation. If it breaks down and cannot recover, we will consider chasing it; otherwise, I'd rather miss out than participate.
#BTC #ETH