Recently, during the market fluctuations, the rebound of BTC and ETH looks very lively, but the actual gains are not as large as expected. At this moment, the most important thing is not to be swayed by FOMO emotions and to stick to the established trading plan.
Regarding BTC, the key support level remains around 94,444.44. The current approach is to short on rallies, with two pending orders set at 92,192 and 92,856. Stop-loss is placed above 94,444.44, with a target down to 88,000. Until this level is broken, hold the short positions.
The situation for ETH is similar. Pending orders are set at 3,175 and 3,235, with a stop-loss at 3,300 and take-profit at 2,786. Maintain a synchronized short-selling strategy overall.
What is the key? It’s execution. Don’t fear missing the rebound, and avoid chasing longs during the rally. Set proper stop-losses and operate according to the plan; this is the foundation for stable profits. Whether BTC can break through 94,444.44 is the focus of observation. The rebound space before the breakout is limited, and opportunities may instead appear during the correction.
Disclaimer: This is for personal analysis only and does not constitute any investment advice.
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WalletDivorcer
· 19h ago
Here comes another warning not to chase the rally, I just can't control myself haha
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PhantomMiner
· 19h ago
Execution ability really hit me; too many people just chase after rebounds and simply can't hold onto their short positions...
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GasGuzzler
· 19h ago
Here comes the 98k rebound again, don't believe it, just waiting to get chopped for the new investors.
Recently, during the market fluctuations, the rebound of BTC and ETH looks very lively, but the actual gains are not as large as expected. At this moment, the most important thing is not to be swayed by FOMO emotions and to stick to the established trading plan.
Regarding BTC, the key support level remains around 94,444.44. The current approach is to short on rallies, with two pending orders set at 92,192 and 92,856. Stop-loss is placed above 94,444.44, with a target down to 88,000. Until this level is broken, hold the short positions.
The situation for ETH is similar. Pending orders are set at 3,175 and 3,235, with a stop-loss at 3,300 and take-profit at 2,786. Maintain a synchronized short-selling strategy overall.
What is the key? It’s execution. Don’t fear missing the rebound, and avoid chasing longs during the rally. Set proper stop-losses and operate according to the plan; this is the foundation for stable profits. Whether BTC can break through 94,444.44 is the focus of observation. The rebound space before the breakout is limited, and opportunities may instead appear during the correction.
Disclaimer: This is for personal analysis only and does not constitute any investment advice.