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After a brief upward surge in the market yesterday early morning, the price was pressured by news factors and started to decline again. The overall trend still aligns well with our expectations. During this retracement, we entered short positions on Bitcoin for about 2000 points, and simultaneously, our short Ether positions gained nearly 100 points. Recent market fluctuations are quite manageable; entering the market is basically about picking up opportunities. Don't think it's too difficult—if you just seize the right entry points, there’s no problem. This is also the basis for our recent winning streak.
Currently, the intraday price has shown a slight rebound again, which is consistent with the strategy we shared during the morning live broadcast. There won't be much room for a strong rebound or rally. This is a common fluctuation range. Don’t be afraid to enter just because of a small rebound—that would only cause you to miss the chance to enter and profit. And don’t be overly cautious after a setback; a little fear can turn into hesitation. On the hourly chart, the retracement of the price still continues and won't stop here. Look for opportunities to short again.
In the morning, we shorted Bitcoin at 71,200 to 71,500, with a temporary target around 70k. For Ether, short positions are at 2200 to 2230, with a focus on 1940. #Gate上线Pre-IPOs #Gate现货衍生品双双冲进全球前三