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Mu Feng's Trend Watch: Bitcoin and Ethereum late-night spot short positions exceeded expectations and reached profit-taking targets
Currently, Bitcoin/Ethereum are experiencing increased bearish volume and a continuous decline. During the US stock market opening, we pre-positioned our shorts, entering the Bitcoin range of 88,500-89,000 and Ethereum around 3,950-3,980. The entry points have been provided. The lowest prices have now reached 85,500 for Bitcoin and around 2,800 for Ethereum, capturing over 3,000 points and 150 points of potential profit. The targets have all been exceeded. Congratulations to those traders who followed the short strategy. Please be sure to manage your profit zones wisely!!