15:50

Yesterday, I gave everyone a direct long order at the current price and also reminded you all to continue holding long positions. I also wrote out the logic and reasoning, and reminded about BTC at 93,000 and ETH at 3,050. If you followed through, you should have gained something. After missing out on the big short profit, at least we finally made some gains on the long side. Personally, I’ve also closed all my positions and don’t need to catch every last bit. As of now, the market has reached a major resistance level, and we’re seeing a short-term pullback. For short timeframes, watch to see if the level holds—if it does, a large inverse head and shoulders pattern could form, and there will be more profits to be had.

Ultra-short-term trades are not under consideration, so currently there are no conditions for shorting except at resistance levels and for minor pullbacks on short timeframes. For ETH, pay attention to support around 3,020-2,970. A deviation of ten or so points is normal; no one can completely control for wicks. If support holds, a large inverse head and shoulders pattern could form, with target levels at 3,150-3,250. There will be a process to get there, but at least for now, the conditions for a major drop are not present. Sometimes when you don’t understand the market, it’s fine to not trade. If you think you’re right, just set a stop loss and go for it. It’s that simple, but many people still can’t do it. I’m sometimes like that too, but it’s not important—it doesn’t affect my view of the market.

BTC support is around 92,000-90,800. If 90,800 is not effectively broken, there is a possibility of moving above 96,000. You can set a stop loss below 90,800 for low longs, and for ETH below 2,970. For now, the low long target is 3,150-3,250, which still offers a profit of two to three hundred points.

Personal opinion for reference only.