On the 4-hour K-line chart, after an early morning plunge, there was a rebound, and now it’s bouncing within the 92,500-93,000 range. Two consecutive bearish candles have formed, with MACD and KDJ both opening downward, but the overall strategy remains to maintain a high-level short position.
Specifically, consider shorting at the 93,500 level, with a target of 89,000. Stop-loss should be set flexibly according to your position size.
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.
19 Likes
Reward
19
5
Repost
Share
Comment
0/400
unrekt.eth
· 01-07 17:33
93500 short positions are indeed tempting, just worried about another false break below.
View OriginalReply0
ProofOfNothing
· 01-07 12:35
93500 short to 89000? It's no surprise if it drops that much; it feels like just another theoretical analysis on paper.
View OriginalReply0
OnchainDetective
· 01-07 07:21
Still stuck in the range-bound tug-of-war, I need to think about the 93,500 short position.
View OriginalReply0
FlatlineTrader
· 01-07 07:19
93,500 empty? Sounds good. I need to first see if the trend can support reaching that level.
View OriginalReply0
MEVictim
· 01-07 07:01
Can the 93,500 drop down to 89,000? That's a bit greedy. This rebound just started to come out, and we need to see a bit more.
#数字资产行情上升 Wednesday midday market review
On the 4-hour K-line chart, after an early morning plunge, there was a rebound, and now it’s bouncing within the 92,500-93,000 range. Two consecutive bearish candles have formed, with MACD and KDJ both opening downward, but the overall strategy remains to maintain a high-level short position.
Specifically, consider shorting at the 93,500 level, with a target of 89,000. Stop-loss should be set flexibly according to your position size.
$BTC $ETH