Tonight, I won't stay up late; I'll continue to adjust to the time difference.



This recent pullback has been discussed for several days. For traders who don't want to go long, the current position is indeed awkward—it's close to the previous strong resistance zone of 928-931. If you insist on opening a short position, consider entering in stages: position yourself near the key level of 928, then add again at around 94x, setting a stop loss based on whether the 4-hour candle closes above 950; or directly open a short near 928, and exit with a stop loss if the candle closes above 935.

If you want to go long, it's better to wait patiently for the pullback. The 918-920 range is worth watching.

During this period, pay close attention to the movements of institutions. If they have a selling plan, they usually start acting after 12:30. But transferring funds ≠ selling today, and transferring doesn't mean they've already sold—these all require observation. It's more prudent to wait and see the subsequent trend before making decisions.
View Original
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.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
Tokenomics911vip
· 8h ago
928 at this position really feels stuck, better wait for the bears.
View OriginalReply0
ProveMyZKvip
· 8h ago
928, this critical position is really awkward, both long and short positions feel uncomfortable
View OriginalReply0
ClassicDumpstervip
· 9h ago
Position 928 is indeed awkward, let's wait and see the moves from the institutions.
View OriginalReply0
ImpermanentLossFanvip
· 9h ago
Position 928 is indeed awkward, it feels like dancing on a tightrope.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)