Don't chase a desperate enemy; the rebound to high ground is the main event. Are you ready to pick up U today?

CN
4 hours ago

Let everyone soar high, Bitcoin is hovering around 87500, 88000, and 89000 for a long position, while Ethereum is shorting at 2980 and 3030. Isn't it enjoyable to ride it down? The short position at 94400 last week and the one at 3380 are still in hand. I clearly tell everyone where to look for short-term targets daily and where to look for weekly targets. Are you holding on to them? Teaching someone to fish is better than giving them fish. Zhong Liang always insists that instead of just telling everyone where to short, it's better to explain why to short at that position. This is also the reason why Zhong Liang's popularity hasn't increased; after all, analysis always seems too dull and boring. Where is the excitement of those popular streamers who just shout about going all in, with the thrill of liquidation and stop-loss?

With interest rates rising, there have been sharp declines before. As for whether there will be a sharp decline this time, let's not over-speculate; everything starts from the market. Bitcoin's daily candlestick continues to close in the red, facing resistance at the middle track during the rebound, with a long upper shadow. The lower track support encounters a rebound, and the lower space has not yet opened up. Although the lower track is opening downwards, the space is limited, so we can only go long; do not chase shorts! On the 4-hour level, the lower track and middle track are slightly opening upwards, indicating that there is still demand for a rebound. For shorting, just keep a close eye on the rebound; when it reaches the position, manage your position and set a stop-loss. Once you short, that's it. The hourly chart is currently testing the middle track resistance at the 86500 level, but it is unlikely to hold here, so we need to look for further resistance for a long position.

For upper resistance, pay attention to 87800, 89500, and 90500. Set up long positions around these levels during the day. For lower support, focus on 86500, 85000, and 83000, with a wave short looking towards 80000 and 75000.

For Ethereum, upper resistance is at 2960 and 3030; set up long positions around these levels. For lower support, pay attention to 2860, 2750, and 2650, with a wave short looking towards 2500.

Good tea is worth savoring, and good things deserve detailed discussion. Live fish swim upstream, while dead fish just go with the flow. The same applies when facing the market; a hundred empty words are not as good as one action. Precise strategies are not as good as one execution. The most frightening thing in the market is not the absence of trends or opportunities, but confusion. A person who doesn't know where to go is going against the current; any wind blowing from any direction will be a headwind! Accept fate without rejection, and let go without holding on. Meeting friends in the vast sea of people is also a kind of fate. The Buddha helps those with fate; I help those with heart!

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