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.
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Tokenomics911
· 11h ago
928 at this position really feels stuck, better wait for the bears.
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ProveMyZK
· 11h ago
928, this critical position is really awkward, both long and short positions feel uncomfortable
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ClassicDumpster
· 11h ago
Position 928 is indeed awkward, let's wait and see the moves from the institutions.
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ImpermanentLossFan
· 11h ago
Position 928 is indeed awkward, it feels like dancing on a tightrope.
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.