The BTC article explicitly pointed out a short position near 63700, followed by a maximum rebound to the line of 63868. After precisely entering the short position, it continued to decline. It has now dropped below the 63000 mark, approaching 62700, completing the first target nearby. It is advisable to partially close positions to lock in profits before continuing to speculate. For ETH, the short position is at 1800, with the highest subsequent rebound reaching 1793.7, close to entry. Friends who have entered should also pay attention to the first target around 1750 and make a partial close to lock in profits before continuing to speculate! Today's view remains unchanged with high short positions!
Let’s discuss today’s strategy: (Remember to operate with a light position and reduce holdings promptly upon reaching targets)
Bitcoin reference is around 63900-64800 for resistance, with target support at approximately 62700-61300-60500-58888-55000.
Ethereum reference is around 1805-1855 for resistance, with target support at approximately 1750-1670-1640-1570-1500-1370.
Operational strategy:
The biggest variable now is the Federal Reserve's attitude towards inflation, reaffirming its commitment to the 2% target. This will greatly reduce the space for interest rate cuts, and there may be one or two interest rate hikes this year. With such a significant reduction, where can prices rise to? Therefore, I believe that all current rebounds are opportunities for short positions!
Technical details will not be elaborated on at night; market fluctuations are large, and there may be delays in publishing the article. Everyone should reduce positions to lock in profits based on their actual situation when targets are reached, and participate with light positions in the evening! Light positions! Light positions!
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