MonsterBrother

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Keep eating meat, keep holding
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Bitcoin's current rapid decline dropped 2,000 points sharply, successfully harvesting short positions. Will it continue to weaken later? Below is a complete analysis of the market logic and trading strategies.
1. This short-term plunge is just a prelude to a deep correction. Many technical indicators for Bitcoin have already reached high levels. Before this attempt to break previous highs, it failed to surge and instead dropped rapidly, clearly indicating that the main force is inducing a false breakout to trap longs, with signs of a top forming. The correction phase has already begun.
2. On t
BTC-1,5%
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Long position eating meat, continue holding, the big move hasn't come yet
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3.6 Friday Afternoon Market
The market remains in a range-bound oscillation, with the hourly chart moving along the lower band of the Bollinger Bands. This morning saw only minor corrections with limited volatility.
ETH fluctuates narrowly between $2078 and $2093, with Bollinger Bands narrowing and moving averages converging. The market is balanced between bulls and bears, with support at $2050.
Trading strategy: Focus on shorting during rebounds from high levels, closely monitor support and resistance within the range, and adjust positions accordingly.
- BTC: Short at 71,500–72,000, stop loss
ETH-2,49%
BTC-1,5%
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Continue holding the short positions; patience will lead to big gains.
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Thursday midday concise market update
Core logic: The rebound is driven by US policies and is not a reversal; only a steady 72,000 and a break above 74,000 indicate a stronger rebound.
ETH: Following BTC's correction, the main trend remains bearish; wait for stabilization at high levels before deploying.
Altcoins: Moving in tandem, liquidity is relatively weak.
Risks: Watch the US-Iran situation and beware of black swan events.
Operations
- BTC: Short at 73,000, stop-loss at 73,200, target 71,400-69,500
- ETH: Short at 2,165, stop-loss at 2,170, target 2,060-2,010
Do you need me to prepare a o
ETH-2,49%
BTC-1,5%
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