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Don't remind me again today

#加密市场回调 The fall in this wave early in the morning has once again refreshed the low point.



The bears have been continuously increasing their selling pressure, perfectly validating the bearish outlook we provided in the early morning. BTC dropped to around 86000 before it stopped, while ETH halted near 2788. However, the bulls are not to be underestimated, quickly rebounding to bring the price back to around 88000 for consolidation, with Ethereum also returning to around 2900 for adjustment.

How does the market look now?

On the daily chart, BTC closed with another bearish candle. The bearish pattern is layered and probing downward, following the lower band of the Bollinger Bands without giving any signals of reversal. After each correction, one must remain vigilant about the risk of a second deep adjustment. However, on the four-hour level, there are signs of a three-wave structure stabilizing, with the price receiving some buying support at the low.

But don't celebrate too early - the K-line body is quite full, and the price is still maintained within the lower channel. What does this indicate? There is still space to explore below.

The morning trading strategy is very simple: mainly sell high and buy low.

You can set up short positions for BTC in the range of 88000-88500, with a target near 86000. For ETH, short in the range of 2900-2920, with a target around 2800. Of course, this is just a short-term strategy; the market changes rapidly, and strict stop-loss is the key.
BTC-7.17%
ETH-7.42%
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LiquidatedAgainvip
· 6h ago
Trapped again, this time I missed the entry at 88500, the liquidation price is right in front of me. --- Hindsight is priceless, I went all in long during that spike in the early morning. --- As long as it doesn't break 86000, I will continue Margin Replenishment, since I'm already Rekt. --- Buy low, sell high? Dude, I can only buy high and sell low, that's my specialty. --- Following the lower band of the Bollinger Bands? I was also following it when I got liquidated. --- Secondary deep adjustment risk? No need to be cautious, I'm already in the risk. --- Seeing your analyses makes perfect sense, why do I always operate in Reverse? --- Strict stop loss is the way to go, but I just can't stop myself. --- Shorting in the 88000-88500 range? Bro, all my assets are here. --- If I get liquidated this time, I will completely go all in Spot and lay flat.
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FlatlineTradervip
· 6h ago
It has dropped again, and this time it's really harsh. Once again, it has been verified that, hmm, stop loss is very crucial, my frens. I didn't enter this short order, and I feel a bit regretful. I've said how many times this buy low, sell high trap can be done, but not many can actually do it. Is 86000 really the bottom? It feels like it will test again.
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LiquidationKingvip
· 7h ago
It fell again, the short positions are indeed fierce, this wave of 86000 is really not wrong.
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just_here_for_vibesvip
· 7h ago
The 86000 cut is really ruthless, it directly broke through my defenses, okay?
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