Bitcoin $BTC is still pricking the previous high and hasn't broken above it yet. The BTC/ETH exchange rate has reached a resistance level, and Ethereum price has also reached the upper edge of the channel. So $ETH 2086 placed a two-point stop loss short position to test it. The risk-reward ratio is quite good.
The price comparison is still strengthening overall, while there's also support from news/market sentiment, with the high point continuously moving upward. Therefore, the bearish outlook we provided for this evening should hold off from entering the market for now. This isn't to say we've changed strategy, but rather we need to wait for the right timing to enter. After all, from the current market situation, there's still room for upside movement. The short position can wait until after the rebound ends before entering. #Gate广场AI测评官