Good morning! I’ve been looking for my socks for half a month, and my mom put them in the refrigerator.
Yesterday, after taking a profit at 3200 on the Ethereum short position, Ethereum dropped back to 3150. That was the target level for the strategy. But it’s not a big problem; I added to the short position.
Today, it looks like Bitcoin and Ethereum are in line with the original analysis of the trend. The 4-hour divergence correction is almost complete. Bitcoin is currently supported near the 60-day moving average on the daily chart.
It might be time to try going long.
Summary: The village chief currently believes that the short-term correction has ended and that there will be a continuation of the monthly-level phased rebound.
Why a phased rebound? Because if the monthly rebound ends, it will still fall, indicating a bear market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Notification
Good morning! I’ve been looking for my socks for half a month, and my mom put them in the refrigerator.
Yesterday, after taking a profit at 3200 on the Ethereum short position, Ethereum dropped back to 3150. That was the target level for the strategy. But it’s not a big problem; I added to the short position.
Today, it looks like Bitcoin and Ethereum are in line with the original analysis of the trend. The 4-hour divergence correction is almost complete. Bitcoin is currently supported near the 60-day moving average on the daily chart.
It might be time to try going long.
Summary: The village chief currently believes that the short-term correction has ended and that there will be a continuation of the monthly-level phased rebound.
Why a phased rebound? Because if the monthly rebound ends, it will still fall, indicating a bear market.
Shen Zichen Village Committee Party Branch