BCH has broken below 580, but my short order at 610 was hit by a long wick candle at 600 maliciously, so I'm temporarily not pursuing a short.

Currently, it is fluctuating around 3000, purely to play with people's mentality at this critical point between long and short positions, forcing those who opened long positions to cut losses, and those who opened short positions to also cut losses. We are in a short position and observing as a standard. I still stick to my original plan, shorting at 3180 or buying the dip at 2700; no action has been taken as it hasn't reached those points.

I just noticed that the momentum is somewhat lacking in the previous update, hesitating whether to short early? As a result, there is now a small plummet, it's really unavoidable, if it wasn't opened, it just wasn't opened. During this period of final review, there isn't much energy, and it's difficult to accurately predict market trends. Before getting a highly confident order, I can patiently wait.

The momentum is somewhat lacking. If I go Short below 3180, I will share the updates immediately.

3060 arrived, long wick candle, waiting for shorting at 3180

Summary of previous messages
After opening a short position around 610 in Bch, now at 600 to break even with a loss
This is to avoid a spike upward. If the mainstream breaks through upward and causes a spike, Ethereum might reach 3180. At that point, Bch will be hit with a stop loss, incurring only a 10-point fee.
Afterward, you can short Ethereum again at 3180. After retesting 3180, you can go long below 3000.
This is a predicted trend.
Of course, it might also just not play out and drop directly next week, in which case Bch won't be hit with a stop loss and will fall along with the mainstrea

I'll hold it for now. If it drops directly, I'll buy BCH; if it's a false breakout, I'll open an Ethereum position.

My BCH stop-loss is set at 600, for now that's it.

The resistance level above 2980 on Ethereum has not been broken for a long time. I really want to short, but this level has been tested multiple times for a breakout. Large positions are not ideal, so I'll open a small short position first, just as if I'm buying a late-night snack.

BCH one-time short, I personally didn't set a stop loss. I climbed up and added to the position. The purpose of the break-even stop loss is that if you regret opening the position, it can be treated as if you never opened it, and even the transaction fees can be recovered.

There are actually many short positions that can be cleared above the market funds, and they are relatively close, such as Bitcoin at 90,000 and Ethereum at 3098. It's also uncertain whether there will be a malicious surge before a drop.

This morning, when I said to empty BCH, it was still hovering around 610. Now it's below 600. Set a break-even loss so you don't have to worry about it.

BCH reached a high of 650 at Bitcoin 126,000. This morning, it surged to 630, just 20 points away from the bull market high. Not falling doesn't mean it won't drop; a 1x short is possible.

BCH has a strong resistance to decline. It repeatedly attempted to break through but was pushed back each time. You can directly try a 1x short position; if it breaks upward, continue adding to the short position. I have entered a position first.

Sometimes I find the US stock market quite speechless. Usually, at this time, the domestic market is sleeping. Long-term investments don't really matter, but it's extremely unfriendly to short-term traders.

If unable to break through, then pull back below 2800 to do long positions in smaller portions.

Omit analysis, current action as follows:
Ideally, 20% position short at 3180, if it reaches 3180, then a pullback to 3000 can be considered a buying opportunity.

2980 was the short position available yesterday, assuming the Japanese interest rate hike issue is under control. Now that the bearish news has been fully priced in, even if I still want to short, the 2980 resistance level has a higher probability of being broken after being tested multiple times, so the position size should be smaller. I am not willing to take this risk.

Japan's rate hike has been implemented. Since it has already fallen in advance, there was even a rebound, but this is not the bottom, so don't buy in. It is estimated that it will go down further.