Given the current situation, you need to be extra cautious in your operations.
- **Main Strategy Bias**: Due to the downward trend, **shorting** (selling at highs) is considered the main strategy with relatively lower risk at present. For example, some analysts suggest considering short positions around $3930-$3950, with target levels looking towards below $3880 and $3825.
- **Key Risk Control Levels**: **$4050** is an important pivot point of strength and weakness. If the price can effectively break through and remain above this resistance level, it may indicate a pause or reversal of the current downtrend, and caution should be taken regarding the risk of further upward movement.
- **Important Reminder**: Be sure to **set a stop loss** to control potential losses. The cryptocurrency market is highly volatile, and this analysis is for market information reference only and does not constitute any investment advice.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
### 💡 Today's trading strategy reference
Given the current situation, you need to be extra cautious in your operations.
- **Main Strategy Bias**: Due to the downward trend, **shorting** (selling at highs) is considered the main strategy with relatively lower risk at present. For example, some analysts suggest considering short positions around $3930-$3950, with target levels looking towards below $3880 and $3825.
- **Key Risk Control Levels**: **$4050** is an important pivot point of strength and weakness. If the price can effectively break through and remain above this resistance level, it may indicate a pause or reversal of the current downtrend, and caution should be taken regarding the risk of further upward movement.
- **Important Reminder**: Be sure to **set a stop loss** to control potential losses. The cryptocurrency market is highly volatile, and this analysis is for market information reference only and does not constitute any investment advice.