Will Black Friday see the same pattern of rise, halt, and fall as the previous two Fridays? Today’s market sent an interesting signal.
BTC tried to break through near 97,000 several times yesterday but failed, which is indeed risky. Especially when you see both the sell orders above and buy orders below withdrawing, the signs of a trap are emerging. Once the US stock market opens and rebounds above 96,800, this position is suitable for considering a market short entry, with a take-profit target aimed at 94,500.
The idea for ETH is similar. Shorting within the 3350 to 3380 range is more appropriate, with a $30 stop-loss set. Take-profit is divided into two levels: first at 3260, and further target at 3180. Both coins are stuck at critical levels, so being cautious when going long at high positions is definitely necessary.
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CryptoSurvivor
· 23m ago
97000这关口真的诱人,但我总感觉会被爆破...空头陷阱这种事见得太多了
Reply0
AirdropHunterXM
· 6h ago
It's really strange that 97,000 hasn't been broken; it feels like we should be cautious of potential trap trading.
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ImpermanentTherapist
· 6h ago
This level 97,000 is really tempting, but I think I should wait and see. We've been tricked so many times by the baiting strategy.
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CryptoCrazyGF
· 6h ago
The 97,000 level really can't hold anymore. The trap was so tempting, what a guy. I'm scared.
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GasSavingMaster
· 6h ago
It really took several losses to understand this level at 97,000. Every time, I get lured in. Now, I'm very sensitive to withdrawing when I see the order. Shorting at 94,500 feels a bit risky, but it seems this wave might really break new highs.
Will Black Friday see the same pattern of rise, halt, and fall as the previous two Fridays? Today’s market sent an interesting signal.
BTC tried to break through near 97,000 several times yesterday but failed, which is indeed risky. Especially when you see both the sell orders above and buy orders below withdrawing, the signs of a trap are emerging. Once the US stock market opens and rebounds above 96,800, this position is suitable for considering a market short entry, with a take-profit target aimed at 94,500.
The idea for ETH is similar. Shorting within the 3350 to 3380 range is more appropriate, with a $30 stop-loss set. Take-profit is divided into two levels: first at 3260, and further target at 3180. Both coins are stuck at critical levels, so being cautious when going long at high positions is definitely necessary.